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No bond buying yet for Greece, says ECB chief
By EUobserver
The European Central Bank (ECB) will consider extending its quantitative easing (QE) scheme to Greece, but only when Greek debt has been made sustainable, said ECB president Mario Draghi on Monday. Draghi told MEPs that Greece would need to reach an agreement with its creditors over its bailout and its debt before it can access the scheme, whereby the ECB buys state bonds to pump money into the economy.