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Spain Minister Says ‘Reasonable’ for ECB to Buy Debt, Efe Says

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Dec. 1 (Bloomberg) -- Spanish Industry Minister Miguel Sebastian said it would be “more than reasonable” for the European Central Bank to buy Spanish public debt, Efe newswire quoted him as saying today.

He said buying debt was “within the orthodoxy” of central banks and the Bank of England and Federal Reserve are following such a policy, Efe reported from Moscow.

Story link: {NSN LCR7CR3H0JK0<GO>}

To contact the editor responsible for this story: Emma Ross-Thomas at erossthomas@bloomberg.net