He says that:
"We have a full commitment in order to elaborate and to design and put in place rapidly an instrument to deal with unwarranted fragmentation. The main message of yesterday's meeting is our full commitment to deal with fragmentation."
As mentioned earlier, good luck getting policymakers to expedite anything - even more so during the summer period in Europe. Italian bonds aren't buying the urgency with 10-year yields up 14 bps on the day to 4.05% currently.
