ECB boosts stimulus on 2nd virus wave

FRANKFURT AM MAIN, Germany: The European Central Bank (ECB) is set to unleash more stimulus for the eurozone at its last meeting of the year on Thursday, as the region’s battered economy grapples with a second coronavirus wave.

ECB chief Christine Lagarde in October all but promised that extra support was on the way, when she said the Frankfurt institution would “recalibrate” its instruments in December.