Mario Draghi, president of the European Central Bank (ECB), has unveiled a series of measures regarding ECB bond buying in the secondary markets after the bank’s latest Governing Council meeting, that he hopes will safeguard the Euro and reduce borrowing costs across the Eurozone.

 

The transactions will be known as the Outright Monetary Transactions (OMTs), where the conditions will be attached to the European Financial Stability Facility (EFSF)  or European S...


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