Trichet cmnts
Translation- they keep funding on an as needed basis, at least for now. *DJ ECB Trichet: The ECB Is Meeting Its Resposibilities *DJ ECB Trichet:
Translation- they keep funding on an as needed basis, at least for now. *DJ ECB Trichet: The ECB Is Meeting Its Resposibilities *DJ ECB Trichet:
This has been much the same for new members that previously had higher budget deficits. It firms the Euro and keeps unemployment higher than otherwise.
Good to see the ECB seems to understand it’s about price and not quantity. The reporter isn’t quite there, however. Maybe when the smoke clears