Angela Merkel is poised to allow the eurozone’s €750bn (£605bn) bailout fund to buy up the bonds of crisis-hit governments in a desperate effort to drive down borrowing costs for Spain and Italy and prevent the single currency from imploding.
The Telegraph ran a similar story:
European leaders are [...]
Source: http://ciovaccocapital.com/wordpress/index.php/politics/germany-may-allow-bond-buying/
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