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Lagarde: Did Not Discuss Full Usage Of PEPP Envelope

ECB
Q: Do you see a chance that you may not use the full PEPP envelope? How do you plan to change rules around policymakers investing their own funds?
  • A: I cannot tell you anything one way or another with respect to the envelope. We have not discussed this at all yesterday or today.
  • We have a code of conduct, ethics rules and an ethics officer. We publish the holdings that board members and GC members have. We are reviewing these rules to ensure that everything is transparent and without any conflict.

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