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07-17-2011, 11:20 AM
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Trichet Says Europe Can Surmount Sovereign-Debt Crisis, Euro Not in Danger (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFcWBEt8I1rULPYaYCwGWX1_vFXeQ&url=http://www.bloomberg.com/news/2011-07-17/trichet-says-europe-can-surmount-sovereign-debt-crisis-euro-not-in-danger.html)
Bloomberg
Trichet said the euro is not in danger and remains “a highly credible currency.” He reiterated that the ECB will not accept as collateral bonds from a nation that defaults. “If a country defaults, we can no longer accept as normal eligible collateral ...
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More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFcWBEt8I1rULPYaYCwGWX1_vFXeQ&url=http://www.bloomberg.com/news/2011-07-17/trichet-says-europe-can-surmount-sovereign-debt-crisis-euro-not-in-danger.html)
Trichet Says Europe Can Surmount Sovereign-Debt Crisis, Euro Not in Danger (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFcWBEt8I1rULPYaYCwGWX1_vFXeQ&url=http://www.bloomberg.com/news/2011-07-17/trichet-says-europe-can-surmount-sovereign-debt-crisis-euro-not-in-danger.html)
Bloomberg
Trichet said the euro is not in danger and remains “a highly credible currency.” He reiterated that the ECB will not accept as collateral bonds from a nation that defaults. “If a country defaults, we can no longer accept as normal eligible collateral ...
and more » (http://news.google.com/news/more?ned=us&ncl=da9NyEyHtJyofhM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFcWBEt8I1rULPYaYCwGWX1_vFXeQ&url=http://www.bloomberg.com/news/2011-07-17/trichet-says-europe-can-surmount-sovereign-debt-crisis-euro-not-in-danger.html)