ECB funding national government securities

[Skip to the end] ECB cuts to 2.5pc and mulls “printing money” By Ambrose Evans-Pritchard The Maastricht Treaty prohibits the ECB from injecting stimulus by purchasing the government debt of the eurozone’s fifteen states debt — a method known as “monetizing the deficit” or, more crudely, as “printing money.” But it can achieve the same effect not quite by mopping up [...]
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