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Divided on QE? The ECB's top officials will decide next week on whether to begin a government bond-buying programme. (Photo: European Central Bank)

ECB divided on government bond-buying plan

Divisions among the European Central Bank’s top officials about the expected introduction of a government bond-buying programme have been laid bare after a German member of the bank’s executive board highlighted her concerns to media.

In an interview with Der Spiegel on Saturday (January 10th), Sabine Lautenschlager said that she was “currently not convinced by large-scale purchases of government bonds”, a move which she described as “the last resort”.

“There must a threat of exce...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Divided on QE? The ECB's top officials will decide next week on whether to begin a government bond-buying programme. (Photo: European Central Bank)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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