Ripping up the rules: The European Central Bank’s latest salvo might not be big enough.

The article discusses European Central Bank (ECB) has announced an emergency asset- purchase scheme that would buy funds in government and corporate bonds on March 18, 2020 due to the Coronavirus. It mentions that the new scheme of ECB will cover Greek sovereign bonds; and also mentions that central bankers are also well aware of another, less happy, link between monetary and coordinated fiscal policy.