ECB under pressure on bond-buying

Pressure is mounting on the European Central Bank (ECB) ahead of a key meeting on Thursday (6 September), when it is expected to shed more light on a controversial bond-buying plan aimed at helping Spain and Italy.

"The ECB is the bazooka, the firepower, the muscle, the one that has the capacity to impress upon the markets," said Angel Gurria, a Mexican economist chairing the Paris-based Organisation for Economic Cooperation and Development - a club of the world's most developed economi...