Photo Gallery: Draghi Disappoints the Markets
Michael Probst/ AP
Fotostrecke

Photo Gallery: Draghi Disappoints the Markets

Buying Bonds against the Crisis How the ECB Plans to Use Its Bazooka

The European Central Bank has come up with a new plan to buy the bonds of debt-ridden countries in a bid to fight the euro crisis. Under the new approach, the ECB would only intervene if governments commit to reforms. But experts criticize the plan as dangerous and undemocratic. By SPIEGEL Staff
Translated from the German by Christopher Sultan