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ECB Agrees on Landmark Sovereign Bond-Buy Plan

The European Central Bank agreed on Thursday to embark on a quantitative easing (QE) program that will see it print money to buy up 60 billion euros worth of sovereign bonds from March until the end of September next year. The money will include some from existing programs. Countries under a bailout program, such as Greece, will be included but with some additional criteria. The ECB is launching the program with a view to buoying the flagging euro zone economy, where inflation has...

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