Economics

ECB Rebuts Attacks as Visco Signals It Can Buy Italian Debt

  • Chief economist pledges smooth policy ‘in all jurisdictions’
  • Italian governor says ECB can frontload bond-buying program

The European Central Bank (ECB) headquarters stands beyond a fence in Frankfurt, Germany.

Photographer: Peter Juelich/Bloomberg
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The European Central Bank signaled it’s ready to buy more debt of nations such as Italy to calm mounting financial panic, and pushed back against political criticism of President Christine Lagarde’s handling of the coronavirus crisis.