Led by Jean-Clauder Trichet, the European Central Bank (ECB) has begun to buy back the debts of EU countries in difficulty. But the weakness of Silvio Berlusconi's Italian government, and its lack of credibility in the markets, have made the ECB's task more difficult.
Do you like our work?
Help multilingual European journalism to thrive, without ads or paywalls. Your one-off or regular support will keep our newsroom independent. Thank you!
Read more on this topic
