Regardless of any isolated events that may occur in the heat of the moment, at a time of immense pressure and hard work, the ECB and the national central banks have decided to take strong action and apply all the flexibility needed at present, and we have resolved to adopt further measures if necessary.
Facts are what count right now, and we will do everything we have to, within our mandate. What concrete action can the ECB take to help Italian firms and households? First of all, let me say that the economic consequences of the pandemic will need to be addressed first and foremost by governments.