Breakingviews on Twitter
Search League Tables

Sunday, 26 June 2016

ECB's stop-and-go bond-buying plan is clever

Necessary evil

The ECB’s purchases under its bond-buying programme would stop every three months during reviews of the target country. Critics fear it may make interventions less effective, or boost volatility. But the concerns are overblown. Regular pauses will keep the pressure on governments.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)