Some questions and answers from the ECB

At the ECB's press conference on Thursday Vice President Lucas Papademos said the bank's governing council "takes note with great concern of recent fiscal developments" in some member states. Papademos did not name the countries concerned, but his comments were clearly targeted at France, Germany, Italy and Portugal where public deficits are spiralling ever higher.

Introductory statement with a transcript of the questions and answers by Lucas Papademos, Vice-President of the European Central B