Will the ECB’s bond-purchase plan end Spain’s pains?

Published 10 September 2012 06:44, Updated 12 September 2012 08:19

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Will the ECB’s bond-purchase plan end Spain’s pains?

European Central Bank chief Mario Draghi says the bank has plenty of firepower and the will to use it. Photo: Hannelore Foerster

In the long term, the effectiveness of the European Central Bank’s newly announced bond-buying program remains in doubt.

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