In a speech in Vienna this morning, Trichet denied that the ECB's recent debt purchases - which...

|By:, SA News Editor

In a speech in Vienna this morning, Trichet denied that the ECB's recent debt purchases - which it had vehemently opposed - mark a change in orientation: "On the contrary, it is the circumstances that have demanded special actions, and our orientation remains the same." A busy day for Trichet, he also managed to speak in Seoul (via video) on central bank cooperation.