ECB ready to buy bonds of troubled eurozone governments, says Draghi

Mario Draghi also said the 17-nation euro area faces significant growth risks, a comment that hints he may be ready to support a cut in interest rates soon after he takes over from Jean-Claude Trichet next week.
The Italian made the comments as European leaders headed to Brussels for a crunch summit aimed at getting a firm grip on the eurozone debt crisis, with France and Germany at odds over how much the ECB should be involved.