about his announcement.
president mario draghi said
at press conrencat t
interest rate announcement that
the bank is ready to make
tright open market purchases
but did not give details.
>>> this field speculation that
the ecb will take strong
measures like the immediate
purchase of government bonds.
after the news conference, the
yields on spanish ten-year
government bonds rose again to
7%.
this is a level which is
considered unsustainable.
stock prices plunged around 5%
both in madrid and milan.
the euro fell to the 94-yen
level at one stage for the first
time in a week.
well, u.s. markets fell after
european stocks tumbled as the
ecb failed to come up with