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ECB ups bond purchases as Spain vows labor law (Reuters)

Protesters burn an U.S. and an Israeli flag during a protest outside the U.S. Consulate in Thessaloniki, Greece on Monday, May 31, 2010. People protested Israel's military assault on a convoy of six humanitarian aid ships traveling to Gaza. At least 10 people were killed when Israeli commandos halted the flotilla. Graffiti reads 'Americans killers of the people'. (AP Photo/Nikolas Giakoumidis)Reuters – The European Central Bank disclosed increased purchases of euro zone government bonds on Monday as Spain assured investors it would reform its rigid labor market even if employers and trade unions cannot agree.