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Old 07.09.2012, 16:00   #1
sysop
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Join Date: 08.03.2005
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Default The World from Berlin: 'The ECB Is Doing Governments' Dirty Work'

The ECB's announcement on Thursday that it is prepared to make unlimited bond purchases in order to lower borrowing costs for countries in crisis could mark a turning point in the euro crisis. German commentators, however, criticize the bank for becoming a hostage to politics.

http://www.spiegel.de/international/...854566,00.html
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