April 9, 2020 / 6:55 AM / 2 months ago

ECB's Lagarde - let's not get fixated on coronabonds

FILE PHOTO: European Central Bank President Christine Lagarde attends an Eurozone Finance Ministers meeting in Brussels, Belgium, February 17, 2020. REUTERS/Francois Lenoir/File Photo

PARIS (Reuters) - Europe should not get hung up on the idea of issuing coronabonds through a specially created European rescue fund, ECB President Christine Lagarde said in a newspaper interview published on Thursday.

“I don’t think that we should get fixated on ‘coronabonds’. In Europe, things take a bit more time than we would like, but we always find a solution,” she told French daily Le Parisien.

She added there could be other forms of solidarity between European countries such as joint spending from a shared budget or a reconstruction fund to finance more green growth of digital investments after the current crisis.

Reporting by Leigh Thomas; Editing by Catherine Evans

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