Release NEWS - PRESS CONFERENCE Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB - Frankfurt am Main, 12 March 2020
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by the Commission Executive Vice-President, Mr Dombrovskis.
Since our last Governing Council meeting in late January, the spread of the coronavirus (COVID-19) has been a major shock to the growth prospects of the global and euro area economies and has heightened market volatility.