ECB HAR EN PLAN FOR OPKØB AF STATSOBLIGATIONER I SPANIEN OG ITALIEN

ECB Unveils Bond-Buying Program
FRANKFURT—The European Central Bank unveiled its most aggressive plan to date to deal with Europe’s nearly three-year-old debt crisis, promising open-ended purchases of short-maturity government bonds to keep borrowing costs down for Spain, Italy and other struggling countries.

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open-ended purchases: what does really mean? New-issued-ECB-bonds covered by what?

Nothing!