• Do not pre-commit on policy of ECB bond buying programme
  • Up to Ireland to decide if and when to take EU help, it is available
  • Ireland’s financing needs are not only related to govt, also problems for banks
  • We will support Ireland if it decides to take EU help
  • There has been no formal request for aid so far, ongoing dialogue with several countries
  • Revised Greek deficit levl for this year in part because 2009 deficit revised up
  • We want Greece to keep its deficit target for 2011
  • ECB will continue very gradually to withdraw non-traditional measures