ECB continues to purchase bonds from financially distressed members

Note: This section contains information in English only.
Source: Marketwatch

The ECB announced it settled 8 billion bond purchases as the European debt crisis continues to spread. At the moment bonds purchased by ECB from governments with financial difficulties totaled 194.5 billion euros since 2010. The majority of purchased bonds are Italian and Spanish, said experts in the field.

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Mon, 21 Nov 2011 15:41:40 GMT

German growth can be hindered by debt crisis

German Bundesbank predicts German growth may slow down next year as European debt crisis destroys exports demand. The central bank reduced its growth forecast for 2012 between 0.5% and 1% compared to prediction of 1.8% reported in June. According to Bundesbank's monthly bulletin, Germany is likely to face serious challenges during next months as several its export partners are exposed to default risk.

Mon, 21 Nov 2011 14:51:11 GMT

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