World leaders yesterday set out the first steps toward withdrawing emergency support for the global economy even though they warned yesterday that the crisis was not yet over.
The US, Britain, France and Germany called for work to start “on exit strategies to be implemented in a co-ordinated manner as soon as the crisis is over”.
Separately, Jean-Claude Trichet, European Central Bank president, writing today in the Financial Times, has outlined for the first time the principles on which the ECB would unwind the exceptional steps it has taken.
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