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ECB's Draghi wary of both crisis action and exit strategy

From reuters.com

European Central Bank President Mario Draghi gave no indication on Wednesday that the ECB was poised to provide more support for banks or governments but also said the time was not right to consider rolling back its crisis-fighting measures. There are growing expectations in financial markets that the ECB will have to ride to the rescue again with Spain under intense pressure, the Dutch government having collapsed over budget plans and latest data showing the euro zone is being driven back into recession. The message from the currency bloc's central bankers is very different - having created more than a trillion ... (full story)

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