ECB's OMT programme compatible with EU law - KCB

FXStreet (Guatemala) - KBC Market Research Desk at KCB bank noted the developments surrounding the ECB's OMT programme.

Key Quotes:

"A top adviser to the European Court of Justice said in an opinion that the ECB’s OMT programme was compatible with EU law, removing a legal hurdle to purchases of government bonds by the ECB".

"A final decision is however only expected in four to six months".