QE for infrastructure investment could be ECB's alternative to ‘pushing on a string'

Euro sign, Frankfurt

The European Central Bank (ECB) should embark on a programme of quantitative easing (QE) under which it buys debt issued by the European Investment Bank (EIB) and European Investment Fund (EIF) in order to stimulate the European economy, according to a leading expert on Europe's economic crisis.

Yanis Varoufakis, professor of economics at the University of Athens in Greece, told the Economist magazine's Bellwether Europe conference in London yesterday that the EIB could act as a conduit through

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account