Lunedì, 22 Ottobre 2018

Schaeuble opposed to long-term ECB bond buyouts


(ANSA) - Berlin, September 6 - German Finance Minister
Wolfgang Schaeuble said Thursday that the European Central Bank
(ECB) cannot buy up bonds from struggling governments
In a closed-door meeting with leadership from his
center-right CDU party, Schaeuble said bond buyouts cannot be
considered a permanent measure, according to the German DPA
agency, citing sources at the meeting.
The ECB is meeting Thursday to discuss formalizing a
mechanism to buy bonds in the secondary market to lower the
borrowing costs of countries at the centre of the eurozone
crisis, such as Spain and Italy.

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