ECB purchase a little over 4 billion euros worth of debt last week
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ECB purchase a little over 4 billion euros worth of debt last week
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The article is probably dead on. If I were the ECB and trying desperately to get a private sector bailout of Italy, I’d buy a shit ton of debt just as the new PM comes to power, making it look like a change of management has ushered in a new confidence in the country.
But I also bet the bluff gets called.