Fitch's David Riley calls on the ECB to redouble its efforts at buying troubled EU sovereign...

|By:, SA News Editor

Fitch's David Riley calls on the ECB to redouble its efforts at buying troubled EU sovereign debt or else risk a "cataclysmic" collapse of the euro. He also would have the EFSF turned into a bank so it could borrow from the central bank window, rather than going to the market (which is mostly sitting on its wallet).