⁂ European Central Bank capitulating in face of crisis

Two similar articles from newspapers on the political Right and Left forwarded for your information by Anthony Coughlan:
TELEGRAPH
Tuesday 24.2.09
ECB faces mutiny from national bank governors as recession deepens
- The European Central Bank is capitulating.
By Ambrose Evans-Pritchard
For months the ECB held sternly to the high ground of orthodoxy as the US, Japanese, British, Canadian, [...]