Risk Europe: ECB insists eurozone bonds decision was its own


The May 10 decision by the European Central Bank (ECB) to buy eurozone sovereign bonds to increase liquidity in markets affected by the debt crisis was taken independently of any political pressure, a senior ECB official asserted this morning at the Risk Europe conference in Frankfurt.

"This institution is among the top in the world in keeping our independence far from the pressures of politicians in either direction, in order not to move an inch from our mandate. Nobody should fear going forwar