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Brazil says no to bond buying shopping trip

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Brazil says no to bond buying shopping trip

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Brazil has ruled out the idea of buying European bonds to help ease the euro zone’s debt crisis.

The country’s finance minister, Guido Mantega said Europe has to find its own solutions to its growing fiscal problems adding his country had no intention of making any bond purchases.

He did say, though Brazil would be willing to provide financial help via the International Monetary Fund.