ECB announces dramatic move to intervene in government bond market to complement the €750bn euro support package
May 10th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The European Central Bank has decided to intervene in the government bond market and also buy private assets to ease market tensions in a dramatic move to complement the €750bn euro support package that was announced early on Monday, after a meeting of EU finance ministers in Brussels.