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"If people do not believe or are convinced that the ECB is supporting governments, then this could be a severe loss in reputation and the consequences would be that inflation expectations would go up".
Therese Sjömander-Magnusson, director of transboundary water management, SIWI, Stockholm, Sweden, @watertherese Therese leads SIWI's work on water diplomacy, supporting governments and development partners to enhance cooperation on transboundary waters.
Central banks are at the heart of economic policy, supporting governments with their bond purchases and the economy via zero rates, deciding whether or not to offer liquidity to individual banks and national banking systems.
A much heralded shift of American aid money away from supporting governments and towards backing "popular empowerment" has turned out to be small in scale and limited in impact.
Alternatively or concurrently, sections of the Pakistani military and civilian élite also fear that the United States may collaborate with India, naïvely or deliberately, to weaken Pakistan, by supporting governments in Kabul that at best are hostile to Pakistani interests or at worst facilitate Indian efforts to destabilize, disarm or even destroy the Pakistani state.
Without a firm commitment to buy as much as needed to prevent yields on Italian and Spanish bonds rising so high that both countries become insolvent, investors have less incentive to return.The ECB's reluctance to make such a commitment is understandable: its legal mandate and doctrinal persuasion bar it from directly supporting governments.
Similar(19)
So what keeps them from supporting government investments to alleviate extreme suffering?
Hezbollah has been supporting government forces in Syria.
Sessions, who has a long history of supporting government surveillance, responded: "I will".
UNICEF is supporting government efforts to contain the situation.
UNICEF is supporting government efforts to address disability through early childhood education.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com