Bloomberg News

Stark ‘Not Worried’ About ECB Failure to Offset Bond Purchases

November 30, 2011

Nov. 29 (Bloomberg) -- European Central Bank Executive Board member Juergen Stark said he’s not concerned about today’s failure by the ECB to fully offset the extra liquidity created by its bond purchases.

“This is over interpreted now,” Stark said after a speech in Dallas today. “I’m not worried about it.”

To contact the reporter on this story: Meera Louis in Washington at mlouis1@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus