Economics

Visco Says ECB Should Keep Flexibility in Post-Crisis Era

  • Flexibility will help against shocks, Italian governor says
  • ECB ‘may end up’ raising share of international debt
WATCH: Flexiblity “will help to avoid fragmentation that may rise again,” Visco says.Source: Bloomberg
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The European Central Bank should keep a high degree of flexibility in its post-crisis stimulus measures, and one way it may do so is by buying more European-Union issued debt, Governing Council member Ignazio Visco said.