The inbuilt political stand-off in the ECB’s bond-buying programme
February 27, 2013
One of the many sub-stories of the Italian election is how it calls into question the ECB’s bond-buying programme – the Outright Monetary Transactions (OMT). Not so much because of the ECB’s ability to expand its balance sheet and stand behind Italy an…
Posted by Open Europe blog team
|
anti-austerity, austerity, Draghi, ECB, ECB balance sheet, esm, German Constitutional Court, Grillo, Italian elections, italy, Karlsruhe, OMT, Spain |
