ECB Will Buy Italian, Greek Bonds Using Proceeds From German, French Bonds To Avoid Crash

Source: https://www.zerohedge.com/markets/avoid-crash-ecb-will-buy-italian-greek-bonds-using-proceeds-german-french-bonds
Published: Jun 30, 2022
Author: Tyler Durden
Post Date: 2022-06-30 17:33:28 by Horse
Views: 34

The European Central Bank will buy bonds from Italy, Spain, Portugal and Greece with some of the proceeds it receives from maturing German, French and Dutch debt in a bid to cap spreads between their borrowing costs.

Poster Comment:

The dollar, the euro and the pound have all been doomed to die by BRICS.

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