Volkswagen urges ECB to buy short-term debt to stabilise markets - FT
Share:
FRANKFURT (Reuters) - Volkswagen's chief financial officer called on the European Central Bank (ECB) to accelerate purchases of short-term debt, the Financial Times reported on Friday.The German carmaker told the Financial Times that the ECB should send "clear signals" and purchase the short-term debt, which often matures in as little as six or nine months, "as soon as possible". (https://bit.ly/2JlawiC)The ECB last week said it will prop up markets, including through the purchase of commercial..