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Greek bank chief warns of repeat debt crisis
By EUobserver
EU countries must match European Central Bank (ECB) bond-buying with economic stimulus packages to avoid a new debt crisis, Greek central bank chief Yannis Stournaras. has said. "Moral hazard considerations should not be the main determinant of our actions today," he told the Bloomberg news agency. "Common issuance of debt is common action against the common enemy," he added, amid Dutch and German opposition to joint bonds.