ECB not yet ready to give Fazio 'dialogue' details

European Central Bank vice-president Lucas Papademos said the ECB is not yet prepared to discuss details of its "dialogue" with Bank of Italy governor Antonio Fazio.

"If and when the time comes to remark on the process, we will do so," Papademos said, speaking with reporters at a press briefing. "We are currently in close dialogue with the Bank of Italy."

Papademos also told journalists he does not feel that the ECB's decision not to speak to the press about its dialogue with Fazio would harm t