Spain urges ECB bond-buying
CNC (China), 03.09.2012
Quotes
Spanish Prime Minister Mariano Rajoy has urged the European Central Bank to start its bond-buying program, in a bid to lower borrowing costs of debt-ridden countries.
In an interview with Bild newspaper, Rajoy says ECB's bond-buying plan shows "a determination to solve the problem". […]
Some experts worry that the ECB bond-buying is merely a painkiller, and it can't solve the major problems of the single currency union.
Soundbite: Janis A. Emmanouilidis, Senior Analyst of European Policy Center:
"The speculation about having a program or an instrument which will enable the ECB to influence the spreads by bond buying has relaxed the situation on the markets. But again this is only providing all of us and the euro countries time. It cannot get away with some of the major deficiencies of the common currency of the economic and monetary union. So, while the ECB is providing us with more time as it has also done in the past, EU governments especially euro countries governments will have to do their bid both at national and EU and euro level in order to get away with the structural deficit you have at national and at EU level and this is a task which is still ahead."
For the entire article see here.
Latest media contributions
EPC Friday Update – MFF & Recovery Plan / rule of law and populism
Online Briefing, YouTube, 10.07.2020
EPC Friday Update – state of affairs & prospects for the transatlantic relationship
Online Briefing, YouTube, 03.07.2020
Deutschlands Corona-Präsidentschaft
Quotes, Deutsche Welle, 01.07.2020
Deutschland übernimmt die EU- Ratspräsidentschaft
Interview, SWR2 (German radio), 01.07.2020
"Erwartungen an Deutschland besonders hoch"
Interview, AufRuhr, 30.06.2020
La présidence de l'Union européenne met l'Allemagne sous pression
Quotes, La Libre Belgique, 30.06.2020
UE: Merkel face aux défis de la présidence du Conseil
Quotes, Deutsche Welle (FR), 29.06.2020
EPC Special Friday Update – state of affairs & prospects for the COVID-19 crisis
Online Briefing, YouTube, 26.06.2020
Ohne Scheu vor dem Führungsanspruch
Quotes, Wiener Zeitung, 19.06.2020
EPC Friday Update – MFF/Recovery Instrument – Brexit – Schengen
Online Briefing, YouTube, 19.06.2020