Fri, 03 Aug 2012 15:53:55 GMT
ECB to buy Eurozone's bonds
During
today's press conference, the ECB's president Mario Draghi, claimed ECB's
readiness to resume bond purchasing program as soon as Eurozone's governments will activate bailout funds. The
European Central Bank already acquired bonds at a total value of 210 billion
euros, but it had a limited impact. At the same time, the ECB left the benchmark
interest rate unchanged, at a record low of 0.75