• Very open to eventual unification of debt, but this will take time
• Greece must improve its credibility, afterwards ways can be found to ease the situation
• Unconventional policies only have temporary effects
• ECB will look for “adequate solutions” to particular problems (would you like to be a little more nebulus?)
• Central banks have already done alot
• Governments can’t continue to rely entirely on central banks
• Key reform needed in France is on labour market
• No doubt French government will meet deficit targets