Milan, 15/09/2014 (Agence Europe) - The European Central Bank (ECB) will launch its extensive purchasing programme for assets based securities (ABS) even if member states do not provide public guarantees for the less secure tranches of these assets.
On Friday 12 September at the end of the Eurogroup meeting in Milan the president of the ECB, Mario Draghi, stated that “the programme will be launched regardless of guarantees”. The estimated value of this programme announced at the...