Eurozone counts the cost of survival

The European Central Bank has spent €22bn buying eurozone bonds, but how much more can it spend in calming the market?

The latest bill to save the eurozone from immediate collapse has arrived: €22bn and counting.

That is how much the European Central Bank spent in the week ending August 9 buying eurozone government bonds. The ECB succeeded in its primary aim of calming the market. But the bigger question is whether and when the ECB can stop buying.

WSJ Logo
Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached