ECB supports macroprudential policy actions taken in response to coronavirus outbreak

ECB supports macroprudential policy actions taken in response to coronavirus outbreak

ECB supports the swift action taken by euro area macroprudential authorities to address the financial sector impact of the coronavirus outbreak by releasing or reducing capital buffers
Macroprudential measures will free up more than €20 billion of bank capital to absorb losses and support lending
Measures complement and reinforce microprudential measures taken by ECB. (...)