In the News: Bloomberg

The ECB keeps pressure on eurozone government to engage in fiscal reform, portfolio manager Axel Merk tells Bloomberg

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'Trichet doesn’t see a quick and easy fix,' said Axel Merk, president and chief investment officer of Merk Investments LLC in Palo Alto, California. 'The ECB is most reluctant to intervene too heavily in the markets as that would take the pressure off policy makers to follow through with reform.'

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