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Bloomberg
By Simone Meier
Feb. 20 (Bloomberg) -- European Central Bank Executive Board member Peter Praet said it’s “very important” for the central bank to stick to the no-bailout principle.
“It’s a sound principle to follow,” Praet said at an event in Geneva, Switzerland, today. “I don’t see a need to change our framework.”
To contact the editor responsible for this story: Simone Meier at smeier@bloomberg.net
