Trichet urges quick eurozone reforms

Jean-Claude Trichet, President of the European Central Bank, gave the first confirmation on the 9 August 2011 that the ECB was buying European bonds as he urged eurozone governments to take quick steps to implement a crisis response agreed by eurozone leaders in Brussels on 21 July 2011.

ESO: Background information: ECB bond intervention set to spur debate http://www.europeansources.info/record/ecb-bond-intervention-set-to-spur-debate-ecb-and-g7-signal-readiness-to-intervene/

ESO: Background information: Meeting of Heads of State or Government of the Euro area, Brussels, 21 July 2011: EU leaders agree €109bn Greek bail-out http://www.europeansources.info/record/meeting-of-heads-of-state-or-government-of-the-euro-area-brussels-21-july-2011-eu-leaders-agree-e109bn-greek-bail-out/

Spiegel Online International, 9.8.11: ECB Risks Inflation and Loss of Independence http://www.spiegel.de/international/europe/0,1518,779183,00.html

PressEurop, 9.8.11: The ECB, a lonely fireman late to the fire http://www.presseurop.eu/en/content/article/846741-ecb-lonely-fireman-late-fire

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