Spain’s Prime Minister Considers ECB Bond Program While Denying Full Sovereign Bailout; Debt Restructuring Under OMT Not On Table Says ECB;…
September 12, 2012Spread the love
The Wall Street Journal reports Talk of Debt Restructuring Under New Program ‘Not on Table’ The European Central Bank won’t discuss potential write-downs on debt bought under its new bond-buying program, ECB executive board member Joerg Asmussen said Tuesday.