ECB intervenes in bond markets as Portugal remains under siege; Japan says it will purchase bonds issued by Eurozone bailout fund
Jan 11th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The European Central Bank (ECB) intervened on Monday in Eurozone bond markets as fears that Portugal was moving closer to a bail-out grew. On Tuesday, Japan said it will purchase Eurozone bonds to boost confidence in the European Financial Stability Facility (EFSF) - - the region's bail-out fund.