Market news
14.12.2010, 11:29

ECB TRICHET calls for maximum EFSF flexibility and capacity

Suggests Governing Council not in favor of Eurobonds
No particular comment on ECB capital hike plan report
'Extraordinarily attached' to bond buy sterilization
Non-standard tools to be in line with crisis impact
Can unwind mon policy, non-standard tools independently
Can't stress enough need for EMU bank restructuring
ECB has show it can deliver price stability, will continue
Sure Irish program will soothe fin markets tensions
EMU fiscal reform proposal not quantum leap ECB called for
EMU leaders aware unity is more justified than ever
Calls on govts to step up credible consolidation plans.

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