Bundesbank's Dombret: “Money can't buy confidence, only time”

Market news

20 December 2011

Bundesbank's Dombret: “Money can't buy confidence, only time”

Printing money will only weaken confidence
Eurobonds not advisable in current framework
Must implement, not weaken December 9 summit plans
Should reduce regulatory reliance on rating agencies

Moody's expects to withdraw arrowhead ratings upon buyout

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