credit line

Money supply

Looking forward the ECB’s relief

MADRID | By Luis Arroyo | The ECB’s Thursday upcoming meeting will be historical for the EU economy. Any move will mean some easing, even if it will be very difficult that it reactivates the euro zone. What it should definitely do is to massively buy public debt, removing it from financial assets for the banks to find fresh liquid assets as well as capital gains to cover its holes and thus cut interests of private sector’s credit.