Trichet says the Eurozone needs to step up Debt-Crisis Battle

G7 finance ministers at the 1066 meeting (fron....
Jean-Claude Trichet, president of the European Central Bank, said countries in the eurozone need to do more individually as well as collectively to battle the debt crisis that has plagued the region for much of the year. Trichet also said Ireland needs to adhere to its rescue plan. "The Irish [bailout] plan is designed for Ireland to face up its own particular problems, which have mostly to do with its banking system," Trichet said. "We consider it necessary [for Ireland] to complete this plan rigorously." Full story here

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