ECB debated 750bn euros bond buys before settling for less

FRANKFURT: European Central Bank policymakers began their informal discussions on a new stimulus package last week with a proposed 750 billion euros worth of additional bond purchases before settling for half a trillion euros on Thursday, two sources said.

The expansion of the ECB's Pandemic Emergency Purchase Programme was the centre-piece of the ECB's pandemic-fighting package, which was unveiled on Thursday after a tense meeting.