FRANKFURT (Reuters) – The European Central Bank would reconsider plans to end its bond-buying stimulus programme this summer if the euro zone economy fell into a “deep recession” because of the conflict in Ukraine, ECB board member Isabel Schnabel said on Thursday.
“If we now fall into a deep recession due to the Ukraine crisis, we’ll have to rethink that,” she told a German web show.
(Reporting By Francesco Canepa; Editing by Chris Reese)