The central bank kept interest rates unchanged, but said it was ready to increase its coronavirus stimulus program if needed, as the euro zone faces a deep economic crisis.
As countries across Europe start to lift their lockdowns, close attention is being paid to the so-called "R" rate as an indication of whether a second wave of coronavirus infections could be on the horizon.
The euro zone took a sharp hit to its economy in the first quarter, data released Thursday shows, and everyone is talking about the coronavirus' infection rate as lockdowns are slowly lifted.
Pharmaceutical giant AstraZeneca has partnered with Oxford University to help develop and distribute the vaccine being researched by the Jenner Institute and Oxford Vaccine Group.
Societe Generale posted a first-quarter loss on Thursday and said it would make deeper cost cuts in 2020 as its provisions against bad loans increased threefold and it suffered from trading losses.
Almost half of the world's wealthy investors and business owners expect to maintain their stock portfolio at the same level for the next six months, according to a study by UBS.
DBS, Southeast Asia's largest bank, said it set aside 1.09 billion Singapore dollars ($772.5 million) to cover potential losses from the coronavirus pandemic.