ECB could own 40% of Italian gov’t bonds by year end

We think that the ECB could end this year owning 40% or more of the government bond markets in Italy, Spain and Greece. That would help to cap bond yields this year, but it could create serious legal and political challenges for the central bank further down the line.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access