ECB – DigitalXpr

The Coronabond Sugar Rush Fades

On: May 19, 2020

By Administrator_India Capital Sands The sugar rush from Monday’s Franco-German proposal for a 500 billion-euro ($546 billion) Recovery Fund has faded quickly on Tuesday, with European stock markets mostly succumbing to profit-taking rather than extending gains. By 5:30 AM ET (0930 GMT), the benchmark Stoxx 600 was down 0.8%, while the French CACRead More →

Bundesbank must stop buying government bonds if ECB can’t prove need

By: Ritu

On: May 5, 2020

In: Economy News

With: 0 Comments

By Ritu, Capital Sands The Bundesbank must stop buying government bonds under the European Central Bank’s long-running stimulus scheme within three months unless the ECB can prove those purchases are needed, Germany’s top court ruled on Tuesday. The ruling deals a blow to a scheme, called Public Sector Purchase Programme,Read More →