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ECB increases pandemic stimulus to €1.35 trillion
By EUobserver
The European Central Bank (ECB) said on Thursday it would increase the size of its Pandemic Emergency Purchase Programme by €600bn to €1.35 trillion, the BBC reported. The ECB also extended bond-purchasing until the end of June 2021 and pledged to reinvest proceeds until at least the end of 2022. The ECB committed earlier this year to buy up to €1.1 trillion worth of bonds this year.