Thursday 20 May 2010

Eurozone crisis: Interventions by Eurosystem central banks

The Decision by the European Central Bank ECB/2010/5 to allow outright interventions by Eurosystem central banks in the euro area public and private debt securities markets has been published in the Official Journal of the European Union:

DECISION OF THE EUROPEAN CENTRAL BANK of 14 May 2010 establishing a securities markets programme (ECB/2010/5) (2010/281/EU); published OJEU 20.5.2010 L 124/8.

Naturally, this decision and much else can be found on the well organised web pages of the ECB.

Ralf Grahn

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