2014-01-07www.spiegel.de

``Should the European Central Bank follow the Anglo-Saxon model and buy up vast quantities of sovereign bonds in attempt to finally overcome the euro crisis? ECB head Mario Draghi is under pressure to act now... But the ECB is apparently not allowed to take such a step. Legally, any systematic euro easing program would have to include all 18 euro-zone member states. Absurdly, that would mean that the ECB would be forced to buy primarily German bonds ...''



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