ECB Extends Pandemic Program, Adding 500 Billion Euros

The video discusses the European Central Bank's decision to extend its bond buying program by €500 billion, lending an additional €50 billion to banks, and the ban on dividends until late 2021. The bond buying program will continue at €20 billion a month until at least March 2022. The only unresolved issue is the currency, with a decision expected in 45 minutes.

What is the total amount of the extended bond-buying program announced by the European Central Bank?

• €300 billion

• €500 billion

• €700 billion

• €1 trillion

How much additional lending to banks was announced?

• €30 billion

• €20 billion

• €50 billion

• €100 billion

Until when are European regulators considering banning dividends?

• Early 2022

• Early 2021

• Mid 2021

• Late 2021

What is the monthly amount the ECB will continue buying under the APP?

• €20 billion

• €15 billion

• €10 billion

• €25 billion

How long is the bond-buying program extension expected to last?

• 6 months

• 9 months

• 12 months

• 15 months