News Headline Summary

ECB's Coeure says ECB to act decisively when stable prices threatened

Says:
- ECB area re denomination risk unjustified.
- OMT will east Euro break up concerns.
- OMT will only work if countries make adjustments.
- Must properly implement single supervisory mechanism.
- Need unified mechanism to wind down failed banks.

Analysis details (17:04)

- ECB's Coeure is the French representative on the ECB and these comments in-fitting with recent remarks and comments made by his ECB peers.

15 Nov 2012 - 17:00 - Fixed Income - Source: Newswires

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