Trichet falls flat as markets beg ECB to ink the presses
The Eu110bn rescue package for Greece, agreed last weekend by the European Union and the International Monetary Fund, failed to win support from bankers and investors at the start of the week. By the end of it, analysts were lining up to urge the European Central Bank to take a proactive approach to Europe’s debt problems, with many saying that only purchases of government bonds could halt the slide.
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