Come together, says ECB's Gonzalez-Paramo

Jose Manuel Gonzalez-Paramo, a member of the ECB's executive board, on Tuesday urged central banks to collaborate more closely in providing liquidity and stability to global financial markets.

Gonzalez-Paramo said that the recent credit crisis had underscored the importance of improving cross-border cooperation and the exchange of information between regulators and central bankers.

Plans to collaborate on crisis management, which would include contingency planning for major financial institut