OECD chief backs European Central Bank's bond-buying policy
- Published: 12 Aug 2012 at 00.48
- Online news: World
The head of the OECD, Angel Gurria said he supports the European Central Bank's plan to buy sovereign bonds of eurozone nations, in an interview published on Saturday.
The head of the OECD Angel Gurria, pictured in June 2012, said he supports the European Central Bank's plan to buy sovereign bonds of eurozone nations, in an interview published on Saturday.
"The ECB president Mario Draghi has clearly stated how the ECB can help to reduce the EU debt crisis by buying bonds, and I support this policy," the secretary general of the Organisation of Economic Cooperation and Development said.
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