ECB will own half the eligible corporate market by year-end, and half the entire IG corporate market within 18 months.

 

Draghi: Europe Must ‘Prevent From Morphing Into a Prolonged Depression’

‘The challenge we face now is how to act now with sufficient strength and speed to prevent the recession from morphing into a prolonged depression, made deeper by a plethora of defaults leaving irreversible damage.’

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