Bloomberg News

Prodi Says Governments Must Solve Euro Problems, Not ECB

September 29, 2011

Sept. 29 (Bloomberg) -- Former European Commission President Romano Prodi said it’s up to governments led by Germany and France to solve the euro-region’s debt problems, not the European Central Bank.

“I don’t think that Draghi has such a higher degree of freedom to what Trichet has now,” Prodi said when asked how the ECB’s approach to the crisis might change under incoming ECB President Mario Draghi, who takes over from President Jean- Claude Trichet on Nov. 1.

Prodi made his remarks in an interview today with Bloomberg Television’s Francine Lacqua.

To contact the editor responsible for this story: Jeffrey Donovan at jdonovan26@bloomberg.net


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