Even though the European Central Bank (ECB) announced 2 bond buying programs in 2020, including a second one in December 2020, it appears that ECB bankers are panicking that they did not commit to buying enough EU government bonds.
Even though the ECB has already committed to buying over 75% of all EU government bonds issued in 2021 before the year started and the ECB’s balance sheet is already over 60% of the EU’s nominal GDP prior to 2021 starting!
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