The European Central Bank is ready to deploy its new bond-buying scheme if Spain requests it and signs up to "conditionality," which would not be any harsher than what the country is already doing, European Central Bank (ECB) chief Mario Draghi said on Thursday (4 October).
"We are ready to undertake Outright Monetary Transactions, once all the prerequisites are in place," he said at a press conference after the monthly meeting of the bank's governing council, which took place in the ca...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login