BLOOMBERG Countdown January 14, 2015
Hello. Welcome to countdown. Im mark barton. Im anna edwards. Im manus cranny. His fate lies in the European Court of justice and his opinion on omt or outright monetary transaction. The ecb first introduced the concept in 2012. Enabling purchases of sovereign debt in secondary markets. They are considering whether they convene eu law. This meaning the court will deliver its opinion. The Court Opinion is nonbinding. If it goes against omt, mario draghi might wind his options on easing in the euro zone are narrower than ever. It is a big day for the ecb president. For more, hans nichols has tra...