ECB to face biggest test on euro gambit

Mario Draghi, President of the European Central Bank, unveiled details of a new bond-buying plan aimed at easing the eurozone's debt crisis on the 6 September 2012.

FT article and other features discuss what had happened since that date and what was likely to happen in particular connection with Spain and the probelms of its banking sector.

ESO: Background information: ECB's Mario Draghi unveils bond-buying euro debt plan http://www.europeansources.info/record/ecbs-mario-draghi-unveils-bond-buying-euro-debt-plan/

ESO: Background information: ECB chief and Spanish PM on collision course http://www.europeansources.info/record/ecb-chief-and-spanish-pm-on-collision-course/

ESO: Background information: Spain wins restructuring of bank deal http://www.europeansources.info/record/spain-wins-restructuring-of-bank-deal/

EUObserver, 26.9.12: Eurozone hawks deal blow to bank bailout plans http://euobserver.com/economic/117670

EurActiv, 26.9.12: Germany, Finland, Netherlands begin to unravel EU banking union plans http://www.euractiv.com/euro-finance/germans-finns-dutch-unravel-eu-p-news-515027

Finland: Ministry of Finance: Press releases: Joint Statement of the Ministers of Finance of Germany, the Netherland and Finland http://www.vm.fi/vm/en/03_press_releases_and_speeches/01_press_releases/20120925JointS/name.jsp

---