ECB's Holzmann says likely pandemic purchases will be put on ice in March

ECB's Holzmann says likely pandemic purchases will be put on ice in March
ECB's Holzmann says likely pandemic purchases will be put on ice in March   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p><span class="caps">VIENNA</span> – European Central Bank policymaker Robert Holzmann believes it is likely Pandemic Emergency Purchase Programme (<span class="caps">PEPP</span>) bond purchases will be wound down in March as planned and <span class="caps">PEPP</span> could be kept on ice for later use, he said on Wednesday.</p> <p>“The statements until now including of my colleagues on the Governing Council all suggest that net <span class="caps">PEPP</span> purchases will probably expire in March but that <span class="caps">PEPP</span> as such will not be done away with but perhaps be put in a waiting room,” Holzmann told a news conference, adding that he would push for “a reduction”.</p> <p/> </div>