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Bailout Fund Should Buy Euro Debt

June 21, 2012

A top European Central Bank policy maker has publicly backed the rapid use of the eur ozone’s bailout fund to buy distressed sovereign bonds on the open market, saying such action could ease the “very severe strain” being felt by Spain and Italy. The FT reports.

Source: http://www.cnbc.com/id/47899670?__source=RSS*tag*&par=RSS
 
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