ECB has one year of German debt to buy before limits, sources say
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FRANKFURT (Reuters) - The European Central Bank can buy just over one year's worth of German bonds under its new asset-purchase programme and must bend its own rules to keep the scheme running longer, risking fresh internal and legal conflict, two sources familiar with the process said. Facing weak growth and low inflation, the ECB decided last month to start buying debt indefinitely. That opened a rift in a normally collegial Governing Council -- conservative policymakers felt they had been..