Trichet Wants More EU Budget Control, Sanctions, Spiegel Says

http://www.bloomberg.com/apps/news?pid=20601087&sid=ae3CTD79RImQ&pos=6

Trichet called for a “quantum leap” of mutual control among governments, Spiegel magazine reported. The ECB was “not listening to recommendations” from lawmakers and financial markets when making a decision to buy government bonds, he said.