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ECB official: Bank ready for bond buying

Oct 22 2012  European Central Bank executive board member Benoît Cœuré talks to the FT’s Michael Steen and insists the Outright Monetary Transactions programme is to improve monetary policy transmission and not to subsidise member states’ borrowing.  (6m 0sec)
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Filmed by James MacDonald and Rod Fitzgerald. Produced by Veronica A Kan-Dapaah.
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