ECB Extends Pandemic Program, Adding 500 Billion Euros

ECB Extends Pandemic Program, Adding 500 Billion Euros

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the European Central Bank's decision to extend its bond buying program by €500 billion, lending an additional €50 billion to banks, and the ban on dividends until late 2021. The bond buying program will continue at €20 billion a month until at least March 2022. The only unresolved issue is the currency, with a decision expected in 45 minutes.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total amount allocated for extended bond buying?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the additional amount that banks are expected to lend?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What stance do European regulators have regarding dividends?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Until when is the bond buying program expected to be extended?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the only remaining question to be answered according to the text?

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OFF