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 Update / Post-summit Briefing: The Greenland crisis: A test for Europe's credibilitye need for strategic choices
Online Briefing, YouTube, 23.01.2026
EPC Update: EUrope in 2026: the need for strategic choices
Online Briefing, YouTube, 12.01.2026
EPC Update / Post-summit Briefing: The last EU Summit of 2025: a real moment of truth?
Online Briefing, YouTube, 19.12.2025
The next MFF: an adequate answer to EUrope’s challenges?
Online Briefing, YouTube, 24.11.2025
The future of enlargement and EU reform – the candidates' perspective
EU Democracy Reform Conversation, YouTube, 27.10.2025
October Summit: Can the European Council move from divisions to delivery?
Online Briefing, YouTube, 24.10.2025
EPC Update / Post-summit Briefing: Copenhagen and beyond: accelerating progress on defence and Ukraine?
Online Briefing, YouTube, 02.10.2025
State of the Union 2025: A crisis of confidence?
Online Briefing, YouTube, 10.09.2025
EPC Update / Post-summit Briefing: A tale of two summits: Will the EU27 agree on a major leap forward?
Online Briefing, YouTube, 27.06.2025
Nawrocki prezydentem. „Osłabienie Donalda Tuska w Brukseli”
Quotes, Deutsche Welle (Polish edition), 02.06.2025