Urgent for ECB to intervene in crisis – France’s Juppe

Urgent for ECB to intervene in crisis – France’s Juppe
PARIS (Reuters) – French Foreign Minister Alain Juppe said on Thursday that it was “urgent” for the European Central Bank to intervene in the euro zone debt crisis. Asked whether the ECB could intervene rapidly in an interview with France Inter radio hours before a meeting of French, Italian and German leaders, Juppe said: “It’s urgent. It will be discussed this very day in Strasbourg.” France, supported by a number of other euro zone countries, believes that making the ECB the lender of last resort would be the best solution to prevent the sovereign debt crisis from spreading. …