Trichet echos calls for penalties

Speaking now, the head of the ECB has echoed calls from earlier, for there to be closer scrutiny of EZ countries budgets and the imposition of penalties, he menetioned both financial and loss of voting rights, to be imposed on coutries that aren’t behaving themselves.

He also hit upon reform of public sectors, both in costs (read wages) and competitiveness (including training).

I’m sure there will be some links later …

Blue Horseshoe