Those who say it cannot be done should not interrupt those who are doing it
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German Vice-Chancellor sees no ECB "unlimited firepower"
Germany's Vice-Chancellor Philipp Roesler on Friday said the European Central Bank did not have "unlimited firepower" to handle the bloc's debt woes. Speaking at an event in Berlin, Roesler added that if the ECB opened its floodgates fully, they could never be closed again. Germany has rigorously opposed the ECB's bond-buying programme of paper from heavily indebted euro zone states, arguing this compromises the independence of the bank.
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