ECB 'closely monitoring' implications of Ukraine invasion: statement

FRANKFURT: The European Central Bank said on Thursday it was monitoring events and the potential impacts for the eurozone economy, following the Russian invasion of Ukraine.

"The ECB is closely monitoring the implications of the situation in Ukraine," the ECB said in a statement.

ECB sets aside maximum amount of cash against bond losses

"It will conduct a comprehensive assessment of the economic outlook at the March meeting" of its policy-setting governing council, the statement said.