Trichet Calls for Extending EU’s Bailout Fund
December 14, 2010 at 10:38 AM EST
European Central Bank [ECB] President Jean-Claude Trichet said European governments should consider extending and broadening the region’s bailout fund, stepping up pressure on leaders to fight the fiscal crisis. “We’re calling for maximum flexibility and maximum capacity, quantitatively and qualitatively,” Trichet told reporters at an event in Frankfurt late yesterday, responding to a question whether [...]