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30.03.2020, 08:15

ECB vice-president de Guindos: "coronabonds" are not only instrument to fight coronavirus

Reuters reports that European Central Bank's vice-president Luis de Guindos said that so-called 'coronabonds', or common EU bonds, are not the only or the most effective instrument in the fight against the coronavirus..

"It is neither the only defensive tool nor certainly the most powerful," De Guindos told radio station Cadena Cope on Monday.

"The most powerful is undoubtedly the European Central Bank," he said.

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