ECB debt buying plan suffers fresh setback

The European Central Bank faced embarrassment on the 3 May 2011 after failing for a second consecutive week to neutralise fully the inflationary impact of funds it had spent buying government bonds to combat the region’s debt crisis.

ESO: Background information: Deal frustrates ECB ambitions on bond buying http://www.europeansources.info/record/deal-frustrates-ecb-ambitions-on-bond-buying/

ESO: Background information: ECB halts emergency purchases of bonds http://www.europeansources.info/record/ecb-halts-emergency-purchases-of-bonds/

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