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Bundestag to have say over ECB bond-buying scheme

07.09.12 @ 08:45

  1. By EUOBSERVER

The German Parliament will have a say over the ECB's new bond-buying scheme, writes Financial Times Deutschland. For a country to benefit from the ECB scheme, it first has to ask the bailout funds to buy their bonds. And any action by the bailout needs the Bundestag's approval.

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