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ECB bond-buying conditions need not be painful: Draghi


Ron Burgundy
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2012-10-04T182831Z_5_CBRE8930KVA00_RTROPTP_2_GERMANY.JPGBRDO PRI KRANJU, Slovenia (Reuters) - European Central Bank President Mario Draghi said on Thursday everything was in place for the bank to buy the bonds of troubled euro zone countries such as Spain and that conditions linked to it need not be punitive. At the first ECB meeting since Draghi unveiled his controversial bond-purchase plan a month ago, markets were looking for signs of when Spain might make a formal aid request and trigger the program that some have hailed as a savior for the battered euro zone. ...

 

 

 

http://news.yahoo.com/ecb-seen-keeping-interest-rates-hold-073223628--business.html

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