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  • The European Central Bank on Monday said it stands ready to take action as concerns grow about the impact of the coronavirus epidemic on the global economy. "The coronavirus outbreak is a fast developing situation, which creates risks for the economic outlook and the functioning of financial markets," ECB chief Christine Lagarde said in a statement. "We stand ready to take appropriate and targeted measures, as necessary and commensurate with the underlying risks." mfp/jxb
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  • ECB ready to 'take appropriate measures' on coronavirus
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