Deal frustrates ECB ambitions on bond buying

Article reports that European Central Bank hopes of an easy exit from government bond purchases were dashed by the deal on the eurozone’s future made at the informal meeting of the Heads of State or Government of the Euro area, Brussels, 11 March 2011, which left it the precarious task of deciding when its action to boost investor confidence can be halted for good.

ESO: Background information: Eurozone strikes debt deal http://www.europeansources.info/record/eurozone-strikes-debt-deal/

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