Among those surveyed who live in households with annual incomes below $ the reported job loss was nearly double that, at around 40 percent.1 That said, both of those figures are likely to include a number of layoffs due to pandemic-related shutdowns of businesses that were hopefully only temporary.
In detail, the value of the securities held by the Eurosystem under the APP and PEPP at the end of November 2021 exceeds 4.6 trillion euros. Respectively, the total amount of liquidity provision through refinancing operations is 2.2 trillion euros.