The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
However, the ECB may start buying bonds in the secondary market again. Vicepresident Vitor Constâncio said as much last week:
We expect that within the time of the programme, the adopted measures will lead the balance sheet to return to the size it had in early 2012. We have of course, to closely monitor if the pace of its evolution is in line with that expectation. In particular, during the first quarter of next year, we will be able to better gauge if that is the case. If not, we will have to consider buying other assets, including sovereign bonds in the secondary market, the bulkier and more liquid market of securities available. It would be a pure monetary policy decision, buying according to our capital key, within our mandate and our legal competence.
by Frank Schnittger - May 31
by Oui - May 30 10 comments
by Frank Schnittger - May 23 3 comments
by Frank Schnittger - May 27 3 comments
by Frank Schnittger - May 5 22 comments
by Oui - May 13 65 comments
by Carrie - Apr 30 7 comments
by Oui - May 3113 comments
by Oui - May 3010 comments
by Frank Schnittger - May 273 comments
by Oui - May 2718 comments
by Oui - May 24
by Frank Schnittger - May 233 comments
by Oui - May 1365 comments
by Oui - May 910 comments
by Frank Schnittger - May 522 comments
by Oui - May 449 comments
by Oui - May 312 comments
by Oui - May 29 comments
by Oui - Apr 30273 comments
by Carrie - Apr 307 comments
by Oui - Apr 2644 comments
by Oui - Apr 889 comments
by Oui - Mar 19143 comments