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Germany’s Roesler Says ECB’s Task Is Not to Buy Sovereign Debt

Nov. 20 (Bloomberg) -- German Economy Minister Philipp Roesler said the European Central Bank isn’t responsible for buying the region’s debt because the European Financial Stability Facility was put in place to help countries reduce interest rates on their debt.

Roesler made the comments in an interview with German newspaper Schleswig-Holstein am Sonntag, according to an e-mailed statement from his Free Democratic Party.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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