ECB halts emergency purchases of bonds

Article reports that the European Central Bank suspended its emergency purchases of eurozone government bonds in the last week of January 2011 as the debt crisis eased, allowing it to focus on combating rising inflation.

ESO: Background information: Eurozone banks reluctant to return ECB funds http://www.europeansources.info/record/eurozone-banks-reluctant-to-return-ecb-funds/

ESO: Background information: Trichet hints at bond purchase rethink http://www.europeansources.info/record/trichet-hints-at-bond-purchase-rethink/

---