MW: Dollar Thrifty's profit ticks higher on cost cuts
By William L. Watts
FRANKFURT (MarketWatch) -- European Council President Herman Van Rompuy on Monday praised Spain and Italy for taking further steps to "strengthen fiscal discipline" and applauded the European Central Bank for deciding over the weekend to ramp up purchases of government bonds through its Securities Market Program. "These decisions will contribute to financial stability in the euro area," he said, in a written statement. "I also welcome the close cooperation at the global level of the G7 and the G20" to deal with challenges faced by the euro zone and the U.S. economy.
