European Central Bank President Christine Lagarde on Thursday said her organization would be prepared to impose further emergency measures to tackle the economic fallout from the coronavirus crisis, with the region confronting a rapid upsurge of Covid-19 infections. “We are still in the long grass for the moment and there is still a lot of work to be done, especially as from this corner of the world in Europe, we are seeing recurrences of contagion,” Lagarde told CNBC’s Geoff Cutmore during an IMF World Bank panel on Thursday. “We are seeing maybe a second wave on the horizon or hitting the coastline of … (full story)
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