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EC VP Dombrovskis said it was up to the ECB...>

ITALY
MNI (London)
ITALY: EC VP Dombrovskis said it was up to the ECB whether it remained
appropriate to continue to buy Italian sovereign bonds in light of the spread
widening seen in the wake of the new governing coalition's increased spending
plans. Questioned on the ECB's continued asset purchase program as regards
Italy, Dombrovskis replied that the ECB's QE program had an inflation target at
its core. There was also a question of eligibility of Italian bonds, but that
too was a question for the ECB to determine, he said.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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