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Image header Agence Europe
Europe Daily Bulletin No. 11075
Contents Publication in full By article 26 / 38
ECONOMY - FINANCE - BUSINESS / (ae) economy

08/05/2014 (Agence Europe) - Low inflation - Bruegel suggests public and private asset purchase programme. In order to get prices to rise after below 1% inflation in the eurozone since October 2013, the Bruegel thinktank recommends “a monthly asset-purchase programme of €35 billion with a review of the amount after three months. EFSF/ESM/EU/EIB bonds, corporate bonds and asset-backed securities should be purchased, of which at least €490 billion, €900 billion and €330 billion respectively are suitables. Bonds of sound banks could be considered after the completion of the ECB's assessment of bank balance sheets” in the autumn of this year (along with the European Banking Authority's bank stress tests). (MB)

 

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