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Author Topic: ECB waits German Court on FSF/€uroArea Treaty + prepares novel Market action  (Read 3412 times)
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« on: August 02, 2012, 03:14:10 PM »




ECB practically waits German Constitutional Court's verdict on FSF/€uroArea Treaty, scheduled for mid-September at nearby Karlsruhe, but meanwhile, the Frankfurt body starts preparing possible Novel Market action on Bonds, while also keeping its Bank re-financing Interest Rates at the recent low level.

To put it in a nutshell, that's the main substance of ECB's President Draghi's official anouncement (of a collective decision by ECB's Governing Council), and his subsequent Replies to Press Questions.

(More + Better, eventually, to come asap)


* ECB Press all.jpg (66.59 KB, 816x454 - viewed 553 times.)
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