Tag Archives: Outright Monetary Transactions

No Early Elections in Germany… But Almost?

In the Summer of 2011 I stuck my neck out and “predicted” early elections in Germany, ahead of the scheduled September 2013 deadline. I was wrong. However, and probably as a consolation gift to myself, I review some a sequence … Continue reading

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ECB Market Intervention: Outright Monetary Transactions (“OMT”) – A Preliminary Assessment

Last Thursday, September 6th, the ECB introduced its new goverment bond purchasing programme, known as the Outright Monetary Transactions (“OMT”). If you are interested in getting the information from the lion’s mouth, you can watch the press conference here,read its transcript here and get the … Continue reading

Posted in ECB, Euro-zone Update, Sovereign debt Crisis | Tagged , , , | 2 Comments