Spain urges ECB bond-buying
CNC (China), 03.09.2012
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
„Grüne Themen werden verankert“
Interview, Aufruhr Magazin (Mercator Stiftung), 06.06.2019
Alliance building in new European Parliament will be "complex and cumbersome"
Quotes, The Parliament Magazine , 28.05.2019
La UE prepara la batalla por el poder tras contener a euroescépticos
Quotes, El Pais (Honduras), 28.05.2019
EU-Gipfel sucht nach Europawahl passendes Spitzenpersonal
Quotes, Deutsche Welle, 28.05.2019
Zacenja se velika bitka za bruseljske stolcke
Quotes, Delo, 28.05.2019
Liberale Vestager will auf Kommissionsthron
Quotes, ORF, 28.05.2019
EU elections: Wake-up call for centrists amid euroskepticism, climate inaction
Quotes, Deutsche Welle, 27.05.2019
Europski parlament postaje raznovrsniji
Quotes, Vizion Plus, 27.05.2019
Nach der EU-Wahl: Wie stehen nun Webers Chancen?
Quotes, BR (GER), 27.05.2019
Kah do të shkojë BE-ja?
Quotes, Periskopi, 27.05.2019