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 traveled. You are back in berlin. This opinion really is quite important for him and the future of the eurozone. We will see. Good morning, manus. Hell put on his lawyers cap and sifting through this opinion. I suspect he will look for any guidance that may be construed that could be applied in and translated to quantitative easing. Restrictions. What sorts of limit would be placed potentially on Bon
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