Sentences with phrase «purchase eurozone countries»

Outright Monetary Transactions are a bond - buying program announced in September 2012 in which the ECB would offer to purchase eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by countries subject to speculation that they might leave the euro.

Outright Monetary Transactions are a bond - buying program announced in September 2012 in which the European Central Bank would offer to purchase eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by countries subject to speculation that they might leave the euro.

Not exact matches

Slovakia's problems are not particularly economic — the Bratislava self - governing region is the sixth - wealthiest EU region, with purchasing power parity per capita income more than 180 % of its regional average — and as a member of the eurozone, the country has attracted substantial foreign direct investment, notably into its auto industry.

The bond purchases were started March 2015 to help the eurozone bounce back from troubles over government and bank debt in several member countries including Greece, Ireland, Portugal, Cyprus, Spain and Italy.