Japan announced a new ¥73.6tn ($708bn) stimulus package to further support the recovery. The new stimulus package will include subsidies for green investment and spending to accelerate digitalisation.
More fiscal stimulus
The European Central Bank (ECB) has bolstered its pandemic emergency purchase programme (PEPP) by €500bn – taking it to €1.85tn. It also announced it was extending the PEPP by nine months, until at least March 2022.