ECB is preparing to purchase sovereign debt

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
The ECB Vice President expects the already adopted measures to boost the Euro area's economy to be sufficient to expand the size of the balance sheet to the same level as at the beginning of 2012. However, according to Vito Constancio, the ECB does not rule out a possibility of buying other assets, such government bonds, if the goals are not met. For now it is considered the monetary authority will not take any bold actions before evaluating the currently working programmes during the first three months of 2015.

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