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Europe Edges Closer to Controversial Bond-Buying Program

Europe moved one step closer to a controversial bond-buying program Wednesday, following a legal ruling analysts say could be the "trigger" needed to stimulate the European economy. The news comes as the World Bank cut its growth forecasts for 2015 and 2016, saying fears of prolonged stagnation in the euro area is one of the main reasons for the negative outlook. A bond-buying program proposed by the European Central Bank is legal, according to top European Union lawyer...

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