ECB repos, not bond purchases best fix for debt woes: Deutsche Bank note
The European Central Bank (ECB) could engage in a long-term repurchase programme, as an alternative to extending its controversial bond purchase programme, to kickstart buying of peripheral eurozone sovereign debt, Deutsche Bank has suggested.
The proposal, put forth by Gilles Moec, the German bank's senior European economist, came on the heels of the ECB's 2 December decision to steer clear of committing to further bond purchases. The move came against speculation that the ECB would extend the
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