Brussels, 16/06/2015 (Agence Europe) - The 'Outright Monetary Transactions' programme (OMT), announced by the European Central Bank in 2012 but never implemented, which allows sovereign bonds to be purchased on the secondary markets by the European System of Central Banks (ESCB), is compatible with the Treaty on the Functioning of the EU. It does not exceed the competences of the ECB as regards monetary policy and does not infringe the prohibition on monetary financing by the member...