Ex-ECB chiefs criticise bond buying

The European Central Bank’s two former chief economists have criticised the institution’s announcement to buy unlimited amounts of government bonds.

Ex-ECB chiefs criticise bond buying
Mon, 01 Oct, 2012 - 08:26

The European Central Bank’s two former chief economists have criticised the institution’s announcement to buy unlimited amounts of government bonds.

Otmar Issing and Juergen Stark said in separate interviews that the central bank was overstepping its mandate.

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