Draghi resists calls for ‘exit strategy’

The European Central Bank said on the 4 April 2012 that it would not yet roll back the emergency measures it implemented to contain the eurozone debt crisis. 'Any 'exit strategy' talk for the time being is premature', ECB president Mario Draghi said after its monthly interest rate setting meeting of the ECB Governing Council.

BBC News, 4.4.12: ECB: Not time yet for an 'exit strategy' http://www.bbc.co.uk/news/business-17609108

Deutsche Welle, 4.4.12: ECB insists on unchanged interest rate http://www.dw.de/dw/article/0,,15859084,00.html

France24, 4.4.12: Any talk of 'exit strategy' premature: ECB chief http://www.france24.com/en/20120404-talk-exit-strategy-premature-ecb-chief

ECB: Press Release, 4.4.12: Introductory statement to the press conference http://www.ecb.int/press/pressconf/2012/html/is120404.en.html

ESO: Background information: Buttress for Europe’s fragilities / Bundesbank at odds with ECB over loans http://www.europeansources.info/record/buttress-for-europes-fragilities-bundesbank-at-odds-with-ecb-over-loans/

EUObserver, 4.4.12: ECB cheap loans no substitute for reforms, Draghi warns http://euobserver.com/19/115804

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