Draghi tipped to push ECB to buy 'junk' Greek and Cypriot bank loans

Stephanie Baxter
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European Central Bank (ECB) president Mario Draghi will push the bank to buy junk-rated Greek and Cypriot bank loans, it has emerged.

The ECB's executive board is set to propose that rules on the quality of assets accepted by the bank should be weakened to permit it to buy repackaged debt or top tranches of Greek and Cypriot asse...

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