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ECB Policy Move Favors Riskier Assets

The European Central Bank’s (ECB) recently announced bond buying program should help stabilize financial markets both in the Eurozone and elsewhere. However, quantitative easing by the ECB may not be a panacea for what ails the Eurozone. More must be done to heighten the global competiveness of member economies.

23 January 2015, by John Lonski

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