9 July 2020 Checking-in on EZ Policy Stimulus, The Money is still Flowing

Claus Vistesen (Chief Eurozone Economist)8th Jul 2020 20:10Eurozone, Eurozone Key Issues, Economic Monitor

If you had predicted at the start of the year that the ECB balance sheet would leap by just over €1.5T in H1, you would have been laughed out of the room.

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April asset purchases bonds budget central bank corporate bonds debt deficit ECB eurozone ez gdp germany government government bonds government debt governments h1 italy July June liquidity March markets monetary monetary stimulus net debt pm pm forecast policy private sector qe refinancing

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