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ECB bond-buying scheme to start on Monday

Central bank will purchase sovereign debt until at least September 2016

Published Thu, Mar 5, 2015 · 09:50 PM

Nicosia

THE European Central Bank said it will start its new government bond-buying programme on March 9, hoping that pumping new cash into the sagging eurozone economy will boost growth and lift inflation.

The ECB will purchase sovereign debt until at least September 2016. "We will o…

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