If the European Central Bank’s package of measures to counteract the impact of the coronavirus was meant to assuage markets, it appears to have failed miserably. European stocks had their worst day in decades Thursday, dropping by double-digit percentages across the Continent as investors worried the bank’s moves wouldn’t be enough to counter the paralyzing effects the pandemic was having on the financial system.

Source: Wall Street Journal March 12, 2020 15:21 UTC