RTRS:ECB's Gonzalez-Paramo: Central bank dollar unity a boost
(Reuters) - Thursday's move by major central banks to provide 3-month dollar liquidity will help boost market confidence and shows central banks are united in fighting the debt crisis, European Central Bank Executive Board member Jose Manuel Gonzalez-Paramo said on Friday.
"First and foremost it (dollar liquidity move) reinforces confidence that liquidity in the market will be there and also because central banks have displayed unity which at this very moment is of the essence", Gonzalez-Paramo told reporters on the sidelines of an event held by the Bulgarian central bank.
(for story on dollar liquidity move click ) (Reporting by Tsvetelia Tsolova, writing by Marc Jones)
