ECB presses for fiscal exit plan

Article reports that Jean-Claude Trichet, European Central Bank (ECB) President, warned on the 8 October 2009 of an 'increasingly pressing' need for 'ambitious and realistic fiscal exit and consolidation strategies' to ensure the sustainability of public finances in the 16-country eurozone region.

ESO: Background information: Eurozone interest rates left on hold http://www.europeansources.info/record/eurozone-interest-rates-left-on-hold/

ESO: Background information: Juncker sees stimulus exit by 2011 http://www.europeansources.info/record/juncker-sees-stimulus-exit-by-2011/

---