FRANKFURT: The European Central Bank (ECB) will only publish legal documentation for its government bond purchase programme if the scheme is actually used, a document published by German newspaper Handelsblatt showed.
The ECB launched its Outright Monetary Transactions (OMT) programme in September after pledging to do whatever it takes to preserve the euro, calming financial markets but stirring criticism from Germany’s Bundesbank, which opposes the scheme.
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