EU court upholds ECB’s bond-buying program - Burnout at the ECB
Business Brief 06/16/2015
The European Central Bank wants to end its €2.4 trillion bond-buying program at the end of 2018, calling time on a policy that is credited with reviving the eurozone but may come too soon for some debt-laden countries.
There's every indication that the ECB will announce a reduction in the scale of its monthly purchases of government bonds when it meets this Thursday. In truth, it has little choice in the matter.
The European Central Bank wants the EU's top court to deal with the measures that Latvian authorities have taken to prevent their own ECB board representative from working. The governor stands accused of bribery.
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