Bundesbank questions legality of EU bail-outs and ECB bond buying

By Ambrose Evans-Pritchard, The Telegraph

Germany’s Bundesbank has issued a blistering critique of EU bail-out policies, warning that the eurozone is drifting towards a debt union without “democratic legitimacy” or treaty backing.

Read more at: http://www.telegraph.co.uk/finance/financialcrisis/8716783/Bundesbank-questions-legality-of-EU-bail-outs.html

 

 

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