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Showing posts with the label Tom Fairless

WSJ: ECB Chief: Europe Is 'Epicenter' of Crisis

EUROPE NEWS OCTOBER 12, 2011 ECB Chief: Europe Is 'Epicenter' of Crisis By WILLIAM LAUNDER And TOM FAIRLESS FRANKFURT—European Central Bank President Jean-Claude Trichet warned Tuesday that the euro-zone crisis has "reached a systemic dimension" and said governments must swiftly push through fiscal reforms and coordinate a recapitalization of banks.