Trichet Gives Green Light

Posted by MAD Saturday, February 13, 2010

Trichet Gives Green Light

Today the European Central Bank President Jean-Claude Trichet said that he endorsed support received by Greece from the eurozone countries.

"I applaud the desire of countries participating in the euro zone to take coordinated action against Greece, because it affects the security of the financial stability of the euro area ", --
said Trichet.

"I can confirm that the ECB will cooperate with the EU on oversee the process of application received by Greece recommendations, as well as work on the necessary additional measures. We will always be on guard, "- added the head of the ECB.

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