And lastly, we should also remember that the ECB is the proud owner of close to $ 250 billion worth of sovereign debt from
troubled Eurozone countries, mainly Greece, Portugal, Italy and Spain, which it acquired through its Securities Market Program (SMP).
Not exact matches
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.
Because low interest rates and quantitative easing — the buyback of public debt to help spur growth in the area's
troubled countries — has caused high - quality stocks to rise without actually fixing the
Eurozone's problems.