ECB purchases of govt bonds for last week amounted to EUR 4 billion,
matching previous week and bringing total to EUR 55 billion:
Week Purchases Total
1 16.5 16.5
2 10.0 26.5
3 8.5 35.0
4 5.5 40.5
5 6.5 47.0
6 4.0 51.0
7 4.0 55.0
That’s a lot of greek bonds, presumably the ECB is buying enough to support rates sufficiently so they can refi themselves.