Title: European Central Bank Announces New Stimulus Measures #

The European Central Bank (ECB) recently announced new stimulus measures to support the economy. The ECB plans to increase its bond-buying program by €500 billion, bringing the total amount to €1.85 trillion. The move aims to provide additional liquidity to markets and boost economic activity. The ECB also extended its stimulus measures until at least March 2022. Additionally, the bank decided to provide more favorable lending terms to ensure that banks have sufficient liquidity and can continue lending to businesses and households. The announcement came as Europe grapples with ongoing economic challenges due to the COVID-19 pandemic.