* * *  Ms Schnabel, never before has the ECB provided so much money for asset purchases in such a short period of time. Is this crisis worse than anything we’ve seen before? It’s an extraordinary crisis. It’s not just Europe that is affected, it’s the whole world.
And in addition to the health problems and the human suffering, we’re also experiencing a severe economic shock that is being compounded by the protective measures taken. Our new asset purchase programme, which has been put in place specifically for this pandemic emergency, aims to address the particular nature of the situation we are facing. Where do you see the biggest problems?