Nowotny: „Keeping Greece in Eurozone Has Highest Priority“

People ♦ Published: May 29, 2012; 16:14 ♦ (Vindobona)

The Governor of the Austrian Central Bank (OeNB), Ewald Nowotny thinks that ECB does not plan a new bond purchase program.

Nowotny: „Keeping Greece in Eurozone Has Highest Priority“ / Picture: © Wikipedia / Christian Wirth (Wirthi)

ECB Council member Ewald Nowotny explained that the European Central Bank does not plan to re-introduce a bond purchase program. „This is not up for debate at the moment. ECB has arranged a set of measures, which were right and helpful fort he economy. Now we have to analyze whether these measures worked in the real economy, especially the long-term refunding…