European Central Bank President Mario Draghi: the central bank has no plans to buy bad loans from Italian banks

Market news

15 February 2016

European Central Bank President Mario Draghi: the central bank has no plans to buy bad loans from Italian banks

The European Central Bank (ECB) President Mario Draghi said on Monday that the central bank has no plans to buy bad loans from Italian banks.

Earlier in the day, Reuters reported that the European Central Bank (ECB) was discussing with the Italian government about buying bad loans from Italian banks as part of its asset-buying programme, according to the Italian Treasury.

European Central Bank purchases €12.72 billion of government and agency bonds last week

European Central Bank President Mario Dragh: the economy in the Eurozone expanded moderately

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