|
The European Central Bank could examine the possibility of buying state bonds, a senior ECB policy maker said on Monday, saying that the bloc's recovery and that of its top economy, Germany, has lost pace. Speaking to an audience near Stuttgart in Germany, Executive Board member Yves Mersch voiced concerns about the "critical" state of the euro zone's sluggish recovery and conceded that the ECB buying government debt was a theoretical possibility. "Should the situation deteriorate further, then we would have to weigh all possibilities based on their risk, how doable they are, the limits of instruments and their efficiency," he said.
"It would be irresponsible if we were not to consider all options." The comments appear to mark a softening in tone for Mersch compared to...
|