ECB are to buy packages of bad Italian loans under QE – Reuters

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    As per Reuters report, ECB is in talks with the Italian government about buying bad loans under QE.

    Italian Treasury officials say the ECB could buy them or would accept them as collateral for cash. Reuters cite an ECB source, who said last November that in an extreme cases the central bank could buy bad debt if the Eurozone economy
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