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ECB's Trichet says governments must take over bond purchases "as rapidly as possible"
PARIS (AP) ' Europe's top central banker says the bank's "unconventional" moves to buy eurozone government bonds are aimed at restoring confidence to a financial system shaken by the worst crisis since World War II.
European Central Bank Chairman Jean-Claude Trichet says the bank "is in the secondary market" for eurozone bonds, but he said details on which bonds and how much of them the bank bought will only be disclosed on Monday.
Trichet spoke in an interview on French radio station Europe 1 Tuesday. Trichet declined to say how long the bank would continue buying bonds in the secondary market, insisting that it was up to governments to take over the job "as rapidly as possible."