Euro zone governments must court private buyers for mountain of debt

Euro zone governments will have to charm private buyers to step in and buy 400 billion euros of additional debt next year, which will keep the bloc's battered bond markets under pressure as the European Central Bank further unwinds its support, Qazet.az reports.

The ECB, effectively a guaranteed debt buyer since it launched quantitative easing (QE) in 2015, even hoovering up all the new bonds governments sold from at least 2019 to 2021, will start offloading its holdings.