Purchase Program ECB debt is compatible with … – Terra Colombia

Purchase Program ECB debt is compatible with … – Terra Colombia

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January 14, 2015 • 4:23

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The program to purchase bonds issued by the States of the euro area published in 2012 by the European Central Bank (ECB) is compatible, under certain conditions, with European law, estimated Wednesday Advocate General of the Court of Justice of the European Union.

In most cases, the Advocate-General are followed by the court. This finding was expected especially at a time when the ECB is preparing to expand its support to the single currency through a massive purchase of financial assets