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Ecb mario draghi 2012 01 12

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ECB leaves benchmark rate at 1% to assess impact of cuts and other measures
The ECB will buy Italian and Spanish bonds on the open market, governments activate bailout funds to do the same.
Ecb mario draghi 2012 01 12

ECB President Mario Draghi (above) told a news conference in Frankfurt today that last month's flood of cheap three-year loans is supporting confidence in the eurozone’s economy.

DANIEL ROLAND