OECD's New Message to the ECB - Presented by: The Aol. On Network

A call to action for Europe - coming from the Paris-based OECD. The think-tank wants the ECB to consider buying government and corporate bonds - to avoid a deflationary spiral, as seen before in Japan. The bank is divided over this policy of quantitative easing. Pier Carlo Padoan is the OECD's Chief Economist.



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