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Image header Agence Europe
Europe Daily Bulletin No. 10440
GENERAL NEWS / (ae) ep/ecb

MEPS praise ECB for its work

Brussels, 29/08/2011 (Agence Europe) - On Monday 29 August, MEPs on the European Parliament's (EP)economic and monetary affairs committee praised the decision by the European Central Bank (ECB) to start buying up eurozone sovereign debt earlier this month as a counterbalance to the turbulence on the money markets. The president of the ECB, Jean-Claude Trichet, joined forces with the EP in its battle of wills with the Council of Ministers over reform of the Stability and Growth Pact (see...