BERLIN (Reuters) - European Central Bank President Jean-Claude Trichet Said in a year in a German newspaper interview to Be Published on Sunday That the sovereign debt crisis Eurozone Was Not over yet and That It Was too early for the all-clear signal.
In year to interview Appears in Sunday's Bild am Sonntag newspaper, Trichet Said That He Was, however, confident euro area Governments That Would Be Able to Restore Financial Stability Provided the bloc's Stability Pact rules are comprehensively and more aggressively enforced.
Trichet Said agreements Reached by the European Union leaders this week Need to Be Enacted in a very precise and quick Manner.He Called it "absolutely decisive" that Those decisions are Enacted Quickly and Completely.
He Said Will the ECB Carefully track the progress of Governments' Reform Measures and the time HAD Said now come to "see Some Action guaranteed personal loan approval."
"The Crisis Is not over," Trichet Told the German newspaper, According To advance text released a year early on Saturday.
"Purpose After the decisions made this week, I'm nevertheless confident the Governments That Will Succeed in Restoring Financial Stability," Trichet Said in one of the final interviews of the ECB Leading term history.
Precondition for the He Said That Was "that the rules of the Stability and Growth Pact are more and more aggressively Thoroughly implemented."
Trichet said: "The decisions at the summit Reached need a very precise and Timely implementation.