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ECB seeks to defuse row with German court over bond-buying

Policymakers agreed that positive effects outweighed ‘negative side effects’, minutes show

The European Central Bank has sought to resolve its stand-off with Germany’s highest court by publishing details of the debate its governing council held on whether its bond-buying excessively impinged on economic and financial policy. Minutes of this month’s ECB meeting were published on Thursday and showed that its council members debated the pros and…

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