Countries must meet ECB conditions, but those arent necessarily punitive, Draghi says.
By Matthew Brockett and Stefan Riecher, Bloomberg|October 04, 2012 at 07:38 AM|Originally published on Treasuryandrisk.Com
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European Central Bank President Mario Draghi said the bank is ready to start buying government bonds as soon as the necessary conditions are fulfilled, putting the onus on Spain to decide whether it wants a bailout.