ECB can’t go bankrupt even it suffers losses – Christine Lagarde

Summary:
“As the sole issuer of euro-denominated central bank money, the Eurosystem will always be able to generate additional liquidity as needed,” [ECB President Christine] Lagarde said in response to a question by an Italian member of the European Parliament.“So, by the definition, it will neither go bankrupt nor run out of money. In addition to that, any financial losses, should they occur, would not impair our ability to seek and maintain price stability.…"ReutersECB can't go bankrupt even it suffers losses

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