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Friday, July 3, 2026

ECB brings out its ‘bazooka’ to save euro

ECB brings out its 'bazooka' to save euro (via AFP)

The European Central Bank announced a massive sovereign bond buy up Thursday, brushing aside German opposition to unleash a so-called "big bazooka" against the debt crisis. ECB chief Mario Draghi set out the plan as German Chancellor Angela Merkel and Spanish counterpart Mariano Rajoy met in Madrid…


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