ECB bond buys to top €1tn

The European Central Bank (ECB) discussed a bond purchase programme with a volume of more than €1 trillion at its meetings this week, the German newspaper Frankfurter Allgemeine Zeiting (FAZ) reported yesterday.

ECB bond buys to top €1tn
Sat, 06 Dec, 2014 - 00:00
John O’Donnell, Michael Shields and Paul Carrel

“It concerned an extension of the balance sheet by more than the €1tn that has been talked about in public,” the FAZ reported, citing an insider from the Eurosystem of eurozone central banks.

The ECB governing council met on Wednesday and Thursday.

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CourtsPlace: USPlace: JapanPlace: AustriaPlace: ViennaPerson: Ewald NowotnyPerson: Mario DraghiPerson: NowotnyPerson: DraghiPerson: GermansPerson: Jens WeidmannPerson: Sabine LautenschlaegerOrganisation: ECBOrganisation: European Central BankOrganisation: FAZOrganisation: of eurozone central banksOrganisation: BundesbankOrganisation: ABSOrganisation: Austrian National BankOrganisation: Reuters
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