About: http://data.cimple.eu/news-article/0caa7d64a46b0b869a969a406aaf0af4f6af8f6a447a8127faea47e6

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/0caa7d64a46b0b869a969a406aaf0af4f6af8f6a447a8127faea47e6 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	The European Central Bank has defended its huge bond purchase stimulus programme as not excessive when weighed against the risks, minutes published Thursday showed, after a German court required it to justify the scheme. In a shock decision in May, Germany's Constitutional Court threatened to block the Bundesbank, the central bank, from participating in the stimulus plan unless the ECB could show within three months that its government debt purchases are not "disproportionate". While the court made clear that its ruling did not affect the ECB's programmes on shoring up the economy in the coronavirus pandemic, it has raised uncertainty over a key crisis-fighting tool at a time when Europe is facing the biggest economic storm since World War II. The Asset Purchase Programme (APP) is a "proportionate" measure helping to deliver the ECB's price stability target, "with sufficient safeguards having been built into the design of these programmes to limit potential adverse side effects," the bank said during its last monetary policy setting meeting. Describing it as an "effective tool" helping to deliver on the mandate of price stability, the ECB also highlighted its efficiency. ING analyst Carsten Brzeski said the minutes "are clearly an attempt to address the concerns of the German constitutional court without explicitly saying so". "It looks as if the ECB found an elegant way to come to a smooth end. Next week, when the German parliament discusses the ruling and the possible next steps, chances are high that some kind of face-saving workaround will be found." bur-hmn/mfp/bmm
schema:headline	ECB defends bonds purchase scheme as 'proportionate'
schema:mentions	European Central Bank Federal Constitutional Court World War II Germany European Union Pandemic Coronavirus Constitutional Court of South Africa Price stability Government bond Deutsche Bundesbank Monetary policy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-25 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	92 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software