Domenica, 23 Settembre 2018
ROME

ECB bought 102.8 billion euros of Italian bonds in 2011-12

English
© ANSA

Rome, February 21 - The European Central Bank said
Thursday that it bought 102.8 billion euros of Italian bonds in
2011 and 2012.
The central bank said Italy was the biggest beneficiary of
Outright Monetary Transactions (OMTs) it conducted as it sought
to help combat the eurozone crisis by buying the bonds of
countries facing high borrowing costs.
It said Spain was next with 44.3 billion euros worth of
OMTs in the same period, followed by Greece (33.9 billion),
Portugal (22.8 billion) and Ireland (14.2 billion).

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