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ECB launches bond purchase scheme to stem coronavirus rout

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The European Central Bank launched new bond purchases worth 750 billion euros at an emergency meeting late on Wednesday in a bid to stop a pandemic-induced financial rout shredding the euro zone's economy and renew concerns about the bloc's viability.

[FRANKFURT] The European Central Bank launched new bond purchases worth 750 billion euros at an emergency meeting late on Wednesday in a bid to stop a pandemic-induced financial rout shredding the euro zone's economy and renew concerns about the bloc's viability.

With much of Europe in...

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