Draghi says ECB can't, won't print money

European Central Bank President Mario Draghi has told reporters that the ECB can't and won't print money.

9th October, 2012
Draghi says ECB can't, won't print money
Mario Draghi

European Central Bank President Mario Draghi has told reporters that the ECB can't and won't print money.

"This is true for Ireland and this is true for every other case like this," he said in Brussels, in comments reported by Bloomberg News.

"It's too easy to think that the ECB can replace government's action, or lack of it, by printing money. That's not going to happen."

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