Published by maria gbaf
Posted on September 29, 2021
1 min readLast updated: February 1, 2026
ECB's Kazimir confirms no automatic bond-buying expansion post-pandemic stimulus, decisions will be based on future conditions.
PRAGUE (Reuters) – The ECB will not automatically expand it Asset Purchase Programme when its 1.85 trillion euro pandemic emergency stimulus scheme ends, ECB policymaker Peter Kazimir told Bloomberg on Tuesday.
The ECB’s Pandemic Emergency Purchase Programme is expected to end next March and investors expect the ECB to ramp up other stimulus measures at the time to pick up the slack.
“Concerns about the cliff effect cannot automatically mean demands for increasing the standard programmes,” Bloomberg quoted Kazimir as saying in an interview.
“There is no automatic formula,” he said. “We will be deciding according to conditions at the given time.”
(Reporting by Jan Lopatka, editing by Balasz Koranyi)
The main topic is the ECB's decision not to automatically expand its bond-buying programme after the pandemic stimulus ends.
It is a 1.85 trillion euro stimulus scheme by the ECB to support the economy during the pandemic.
Peter Kazimir is an ECB policymaker who discussed the future of the bond-buying programme with Bloomberg.
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