Bond sales will provide test for emergency ECB measures

05/16/2010 | Wall Street Journal, The

The European Central Bank helped ease financial pressures on some of the euro zone's weakest nations with its purchases of government bonds. However, concerns about the possibility that governments will default on their debt continue to plague markets. Ireland and Spain are set to sell bonds this week in what will be a test of the central bank's emergency moves.

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Wall Street Journal, The

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