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Draghi (c) at a previous parliament hearing (Photo: europarl.europa.eu)

Draghi signals ECB bond purchases to go ahead

European Central Bank (ECB) chief Mario Draghi has suggested a controversial bond-buying scheme will go ahead despite opposition from Germany's Bundesbank.

Bonds with a maturity of up to three years could be purchased under the plan, he said, according to MEPs present at a closed-door meeting on Monday (3 September).

"I would expect, after this session, that there will be more bond-buying," German Green MEP Sven Giegold told journalists after the meeting.

His French centre...

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