Bloomberg carrying official’s comments.

  • EU to do whatever needed to safeguard stability
  • To do whatever needed for euro stability
  • ‘Not at end of the road’ in fighting crisis
  • To do what is necessary to make euro safe
  • Confident EU will overcome the crisis
  • Portugal is performing well
  • Ireland is on track
  • Risk premiums are not always justified
  • Getting hard to conduct single monetary policy (was always gonna be the way pumpkin)
  • Supports central bank’s efforts
  • Euro ‘is here to stay’
  • Defense of euro is central to foreign policy
  • Italy adopted impressive structural reforms

Yada, yada, yada……