Monetary hawks – the Bundesbank and several other core central banks – who were worried about a new open-ended ECB mandate pushed successfully for strict and effective conditionality for countries benefiting from the bond purchases. As a result, they can pull the plug on the program if its stringent criteria are not met.
甚至欧洲央行的支持也不是板上钉钉。担心欧洲央行采取无限制动作的货币鹰派——德国央行和其他核心国央行——成功地给从债券购买计划中受益的国家施加了严格而有效的条件。如果这些严苛的条件得不到满足，它们可以叫停购买计划。