European Central Bank buys (euro) 14.3 billion in bonds

posted by
August 22, 2011
San Angelo Standard-Times    
Posted in News

"The European Central Bank spent (euro) 14.3 billion ($20.6 billion) last week buying government bonds to protect large economies like Spain and Italy from the debt crisis, but market concerns persisted about how long the emergency purchases would contain market turmoil. The amount of bond purchases disclosed on Monday was short of the previous week's figure of (euro) 22 billion but close to market expectations." (08/22/11)  

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