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EU's Breton: no doubt that ECB will 'take its responsibilities' over coronavirus crisis

March 13, 2020 at 07:14 am

European Union industry chief Thierry Breton said on Friday that he had no doubt that the European Central Bank would "take its responsibilities" regarding helping the euro zone deal with the coronavirus crisis that has hit the world economy.

"I have no doubt that the European Central Bank will continue to take its responsibilities," he told RTL radio.

On Thursday, the ECB rolled out a new stimulus package to help fight off the coronavirus fallout but stopped short of cutting interest rates, putting the onus firmly on governments and sending markets into a tailspin.

Breton also criticised U.S. President Donald Trump's response to the coronavirus crisis, saying that no-one would win by adopting an "everyone for himself" position.

(Reporting by Sudip Kar-Gupta and Bertrand Boucey; Editing by Kevin Liffey)

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Thierry Breton

Thierry Breton currently works at Unify GmbH & Co. KG, as Chairman-Supervisory Board, Atos Worldline NV, as Chairman from 2013, Agence Nationale de Réglementation des Télécommunications, as Chairman from 2015, BofA Securities Europe SA, as Director from 2019, and Alliance For Societas Europaea Promotion, as President.
Mr. Breton also formerly worked at Orange SA, as Chairman & Chief Executive Officer in 2005, Vantiva SA, as Chairman & Chief Executive Officer from 1997 to 2002, Atos SE, as Chairman & Chief Executive Officer from 2012 to 2019, TSA SAS (Paris), as Chairman & Chief Executive Officer from 1997 to 2002, France Telecommunications, as Chairman & Chief Executive Officer from 2002 to 2005, Thomson Multimedia SA, as Chairman & Chief Executive Officer from 1997 to 2002, Atos International SAS, as Chief Executive Officer, Bull SA, as Chairman from 2014 to 2016, Worldline SA, as Non-Executive Chairman from 2014 to 2019, Association Nationale de la Recherche et de la Technologie, as Chairman, Conseil Régional de Poitou-Charentes, as Vice Chairman in 1992, The Poitou-Charentes Regional Council, as Vice Chairman from 1986 to 1992, Carrefour SA, as Independent Director, SATS Ltd., as Independent Non-Executive Director from 2015 to 2018, Société Nationale des Télécommunications du Sénégal, as Director, Oasis Group, Inc., as Director, Bank of America Corp., as Member-Global Advisory Council, Académie des Technologies, as Member, Atos Origin International SAS, as General Manager, Harvard Business School, as Professor, and Futuroscope de Poitiers, as Project Manager.
Mr. Breton received his undergraduate degree from École supérieure d'électricité and undergraduate degree from Institut des Hautes Etudes de Défense Nationale.

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Atos Worldline NV Atos Worldline NV Regional BanksFinance Banksys Netherlands is a subsidiary of Atos Worldline in Belgium, the market leader in ATMs. The company has years of experience in electronic payments. Numerous studies have the advantage over the Belgian in electronic transactions and clearly indicate that Atos Worldline among the world. Banksys Netherlands brings payment machines on the market for small and medium-sized enterprises (SMEs) and the large corporates market (GZM). They also offer integrated unmanned payment solutions, under more for parking meters.	Chairman
Agence Nationale de Réglementation des Télécommunications	Chairman

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