No Saudi plan to buy European sovereign debt - banker | Reuters

Saudi Arabia does not plan to buy European government bonds, the Gulf oil producer's central bank governor Muhammad al-Jasser was quoted as saying on Sunday.

"There are no plans to buy European sovereign debt," Jasser was quoted as saying by Saudi al-Watan daily on the sidelines of the G20 summit in Toronto.

Leaders of the world's 20 leading nations meeting in Toronto this weekend are seeking ways for countries to cut public debt without undermining a fragile global economic recovery.