Mario Draghi defends ECB's bond buying plan

Mario Draghi, the head of the European Central Bank (ECB), has defended its bond-buying programme. The plan, dubbed Outright Monetary Transactions (OMTs), allows the ECB to buy bonds of eurozone member countries to bring down their borrowing costs. via Pocket http://www.bbc.co.uk/news/business-22749852#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa