ECB to have same status of other creditors in 'distorted market'
European Central Bank chief Mario Draghi has said that the ECB will retain the same status as other debtors when it purchases the bonds.
he also highlighted why the bank had been moved to start buying bonds, saying, "bond markets are distorted in the euro area."
ECB announcement is an effective short term solution
Mario Draghi has proposed a means of tackling the immediate problem in Europe but it’s up to politicians to come up with long term solutions
ECB bailout: Have they done more than buy time?
It is not the ‘big bazooka’ that David Cameron has been urging them to unleash, but it’s the heaviest calibre ammunition deployed so far.