European Central Bank executive board member Benoît Cœuré talks to the FT’s Michael Steen and insists the Outright Monetary Transactions programme is to improve monetary policy transmission and not to subsidise member states’ borrowing.
Filmed by James MacDonald and Rod Fitzgerald. Produced by Veronica A Kan-Dapaah.
Welcome to the new FT.com.
The same global insight. Faster than ever before on all your devices.