ECB buys another €10 billion in government debt

ecb-office-frankfurt

The European Central Bank (ECB) furthered its efforts to boost markets by buying €10 billion-worth ($12.3 billion) of government bonds last week.

The ECB said on Monday that it had increased its purchases of government bonds and private assets from €16.5 billion to €26.5 billion as part of its plans to shore up eurozone markets and reduce the liquidity risk on sovereign bonds.

Some analysts linked the additional purchases with the decision by Germany's Federal Financial Supervisory Authority (Ba

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