Europe's central bank has announced it is ready to block following rising tensions between nations. It supports its decision by the fact that the increase in the rate of government borrowing has led to inflation, and is reflected in the price index.
The announcement of the European Central Bank's decision
Fabio Panetta, senior official of the European Central Bank, announced on Tuesday March 02, 2021, the decision of the financial institution to block bond issues and said he had put in place a fairly relevant mechanism to slow the surge in interest rates. Borrowing from the States. He believes that the bank is determined to fight the rise in interest rates which weakens the sovereignty of borrowing in the euro zone compared to US bonds. To describe the mechanism, Fabio Panetta asserted that the bank will use the anti-crisis financial envelope without embarrassment to deal with the pandemic and suspend interactions between states which create more problems for stability in the bond mark...
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