Our measures are explicitly authorized by the (EU) treaty. We are not embarking on quantitative easing. We are helping some market segments to function more normally. And, as I said, we will take back all the additional liquidity that we will supply in our Securities Markets Program.
~Jean-Claude Trichet, president, European Central Bank, "A 'Quantum Leap' in Governance of the Euro Zone Is Needed", Der Spiegel, May 15th, 2010
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