Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I think the bundesbank here is acting here as a service provider, specially as a broker for the debt agency. Because they have more experience in the secondary markets. Since they are handling only the money of the federal republic in trust, the treaty isn't violated.
by IM on Wed Nov 23rd, 2011 at 09:38:13 AM EST

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