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home_on_the_grange 1 post  |  Last Activity: Jan 26, 2015 10:44 AM Member since: Apr 21, 2012
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    ECB QE: #$%$60bn a month

    by alan_pater Jan 22, 2015 9:13 AM
    home_on_the_grange home_on_the_grange Jan 26, 2015 10:44 AM Flag

    Draghi has stated that the ECB portfolio has too much Greek debt already, so there are no current plans to buy more under QE. After Greece makes payment on the July and August maturities, Draghi said the ECB would consider Greek bond buybacks. So bottom line, no QE for Greek debt unless Tsipras cooperates.