• Says ECB should by state debt if needed
  • Doesn’t see deflation as a credible risk
  • Inflation risks being to weak for too long
  • ECB could buy debt if policy not having an effect
  • ECB could buy company debt
  • France heading in the right direction at insufficient speed
  • Needs to cut public spending and end fiscal inventiveness

Looks to be a rehash of the comments earlier, this time from Bloomberg from an interview with Les Echos

EUR/USD is coming off to 1.2435 as USD/JPY takes another run through 116 to challenge the session highs at 116.20