Gonzalez-Paramo urges speedy action in Europe


European Central Bank (ECB) executive board member Jose Manuel Gonzalez-Paramo said on Sunday that no decision has been made on how long the ECB's unconventional interventions in the secondary market for European government debt will go on.

The debt purchases were approved by the ECB's board and were not influenced by governments, Gonzalez-Paramo said in an interview with Spanish newspaper ABC, translated by newswire Reuters.

"We will decide what future the programme has, but we did not start

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