- Will assess Greece after seeing Troika report
- Relationship with PM Samaras is ‘on a good path’ and happy to work with him
- Discussed order on supervision with France’s Pres Hollande
- German Bundestag will have to consider the banking supervisor and the subject of direct recapitalization of banks by the ESM
- There will be no back-dated recapitalization of banks
- Hopefully Spanish banks’ problems will be over by then.
- Periods of market calm are no reason for complacency
- EU needs binding element of economic cooperation
- The proposed ‘solidarity fund’ is not a matter of 5-10 years, will be similar to bank oversight
- Important to exit the ‘crisis modus’
- German and French leaders will always cooperate well (…hmmm)
- Will ‘always work well’ with Hollande
Bloomberg/Reuters headlines
