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Draghi strikes back at Bundesbank on bond-buying scheme

29.08.12 @ 17:36

  1. By EUOBSERVER

European Central Bank chief Mario Draghi struck back at Bundesbank supremo Jens Weidmann, who chastised plans to intervene on bond markets to help Spain and Italy. "It should be understood that fulfilling our mandate sometimes requires us to go beyond standard monetary policy tools," Draghi wrote in Die Zeit.

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