ECB ready for further action if needed: Holzmann By Reuters

in DLIKE5 years ago

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the European Central Bank will mediate in government security markets if necessary, ECB policymaker Robert Holzmann said on Monday, as Governing Council individuals look to console markets it will act to assist nations with handling the effect of coronavirus.  

The ECB has been occupied with a deliberate rearguard activity since President Christine Lagarde upset speculators and individual policymakers on Thursday by saying it was not the bank's business to help infection stricken nations, for example, Italy on the obligation showcase.  

"On the off chance that there is a need to mediate in the territory of government bonds, measures will be taken," Austrian national bank boss Holzmann told a news meeting in Vienna.  


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