Bloomberg News

Trichet Says Not Appropriate for ECB to Leverage the EFSF

October 06, 2011

Oct. 6 (Bloomberg) -- European Central Bank President Jean- Claude Trichet said it’s not appropriate for the ECB to leverage Europe’s rescue fund.

“The governments have the capacity to leverage,” the European Financial Stability Facility, Trichet said at a press conference in Berlin today.

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editor responsible for this story: Gabi Thesing at gthesing@bloomberg.net


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