News Headline Summary

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

- 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 (15:04)

- 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 - 15:00 - Fixed Income - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: