ECB WEBER: Criticizes demands for introduction of Eurobonds

Market news

17 December 2010

ECB WEBER: Criticizes demands for introduction of Eurobonds

-Current rescue measures more apt to fight crisis
-Risk of marked interest rate rise if no deficit reduction
-Market interest rate to rise markedly above pre-crisis level

European session: The euro gained even as Moody’s Investors Service cut Ireland’s credit rating.

European focus: The euro rose

Market Focus

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