ECB ready to do everything it takes to counter turmoil - Schnabel

FRANKFURT (Reuters) - The European Central Bank is ready to everything in its mandate to ease market turmoil, ECB board member Isabel Schnabel said on Wednesday just as Italian bonds suffered their worst selloff since the currency bloc's debt crisis. Invoking the now famous words of former ECB chief Mario Draghi to do "whatever it takes" to save the euro, Schnabel said the ECB stood ready to do everything within its mandate to counter market turmoil, a message aimed at halting a massive selloff..