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Draghi Says ECB Won't Buy Greek Bonds Before Debt Deal

  • ECB president reiterates conditions for Greece’s QE inclusion
  • The Governing Council will carry its own Greek debt analysis
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The European Central Bank will not consider including Greek government bonds in its asset purchases program before a pending bailout review is concluded and creditors agree how to ease the country’s burden, Mario Draghi said.

“First, let’s have an agreement, a full agreement, and let’s find measures that will make the debt sustainable through time,” the ECB president told lawmakers on Monday at the European Parliament in Brussels. “We regret that a clear definition of the debt measures was not reached in the last Eurogroup.”