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ECB to be determined in using anti-fragmentation tool - Villeroy

Reuters

PARIS (Reuters) - The European Central Bank will be determined in using its new bond-buying scheme to combat financial fragmentation between euro zone countries if it needs to be used, ECB policymaker Francois Villeroy de Galhau said on Friday.

"If needed, we will be as determined in activating (the programme) as we have been in setting it up and there are no pre-defined limits on the amount of possible purchases," Villeroy told a news conference.

(Reporting by Leigh Thomas; Editing by Hugh Lawson)