2012-09-11telegraph.co.uk

``Meanwhile, if bond buying is to be sanctioned, the relevant countries have first to apply for assistance. This is not a done deal. If they apply, they must agree to abide by conditions which imply a humiliating loss of sovereignty and yet more austerity''

Here is Ambrose Evans-Pritchard on the same subject: Carthaginian terms for Italy and Spain threaten Draghi bond plan.


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