The outgoing ECB president, Jean-Claude Trichet, has said that it is "absolutely normal" for the European rescue fund to try to find more money
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Global Economy
The president of the European Central Bank has denied that eurozone countries are going "cap in hand" to China.
On the eve of his departure from the ECB's top job, Jean-Claude Trichet said the move was "absolutely normal".
The head of the European Financial Stability Facility (EFSF) has been meeting Chinese officials in an effort to boost the bailout fund.
Mr Trichet hands over the reins of the ECB to the Italian central banker, Mario Draghi, on Tuesday.
SEE BBC NEWS; http://www.bbc.co.uk/news/business-15516697
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