European Central Bank President Mario Draghi said on Monday the organisation would not use its yet-to-be-activated bond-buying programme to save profligate countries from insolvency, but only to preserve the euro. The central bank's programme has helped calm markets over the past couple of months, but it has raised particular concern in Germany, which is most exposed to potential risks involved as the ECB's largest shareholder. Draghi spoke on the eve of hearings at Germany's top court to weigh the legality of so-called Outright Monetary Transactions (OMT) programme. "The ECB says if there is a confidence crisis in ... (full story)