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Visco Says ECB Will Find Solutions If Bond Shortages Emerge
The European Central Bank will be able to cope with any problems that might emerge in the implementation of its asset-purchase program, Governing Council member Ignazio Visco said in an interview. So far, policy makers have “no evidence” that there is a shortage of government bonds that may jeopardize the completion of a 1.7 trillion-euro ($1.9 trillion) quantitative easing program, Visco told Bloomberg after a meeting of G-20 finance chiefs in Chengdu, China. “We have not seen problems so far. If we find problems, we will find solutions.” Concerns that the ECB will run into trouble mounted after investors ... (full story)