UEUR - ECB set to expand massive stimulus program to tackle pandemic

Fresh Brexit talks aren't the only thing happening in Europe. It's a big day for the continent as a whole in terms of economics.The ECB is poised to deliver another blast of monetary stimulus to carry the eurozone out of the pandemic, adding €500B to the Pandemic Emergency Purchase Program ((PEPP)) and extending it by at least six months to the end of 2021.That'll keep financing conditions loose through the crisis and complement fiscal aid, like the EU's €1.8T joint spending program.Leaders hope to finalize that package later today in Brussels, along with issues including climate change and security, after Poland and Hungary agreed on a budget compromise with Germany.The ECB will announce its policy decision at 7:45 a.m. ET, followed by President Christine Lagarde's news conference at 8:30 a.m. ET.ETFs: [[FXE]], [[EUO]], [[ERO]], [[DRR]], [[ULE]], [[EUFX]], [[URR]], [[UEUR]], [[DLBR]]

For further details see:

ECB set to expand massive stimulus program to tackle pandemic