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Guillaume Duval, chief ed of Alternatives Economiques, says :

...la Banque centrale européenne (BCE) (...) n'a pas le droit d'acheter des titres de la dette publique d'un Etat membre.

(The ECB does not have the right to buy public debt issues of a member state).

What's the legal basis for what the ECB can or can't do?

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Feb 12th, 2010 at 10:02:47 AM EST
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