Eurowrap 06/09/12

The eurozone can still blow up even after unlimited purchases

Renewed bond-buying will be tied to the conditionality of yet more fiscal austerity.

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Financial fragmentation across the eurozone cannot be ended by extending ECB credit to periphery governments

Drastically different monetary policies are required, depending on domestic economic conditions.

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The ECB's power grab

Draghi’s plan makes political sense, not economic sense.

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The troika meets the working time directive?

The irony.

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