ECB's Lagarde warns of 2008-style crisis unless Europe acts against Covid-19

Thu, Mar 12, 2020 - 5:50 AM

Zurich

CHRISTINE Lagarde said Europe risks a major economic shock similar to the financial crisis of 2008 unless leaders act urgently on the corona-virus, and indicated that the European Central Bank will take steps as soon as this week.

The ECB president told European Union...

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