March 30, 2020/Fitch Ratings The following comment, originally published on 20 March 2020, misstated Greece’s sovereign rating in the seventh paragraph. This has been corrected and all other text is unchanged. The ECB’s EUR750 billion bond-buying reduces refinancing risk for eurozone sovereigns and will help facilitate their fiscal responses to […]
OPINION/EDITORIAL
Stimulus in a time of austerity
March 30, 2020/Coronation Report Last week the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its Monetary Policy Rate (MPR) at 13.50%, thus becoming one of the few central banks in the world not to signal (and the MPR is to some extent a signal – […]
Europe’s COVID-19 Crisis and the Fund’s Response
March 30, 2020/IMFBlog This blog is part of a series providing regional analysis on the effects of the coronavirus. By Poul M. Thomsen COVID-19 has struck Europe with stunning ferocity. While we do not know how long the crisis will last, we know that the economic impact will be severe. […]

