St. Louis Fed President James Bullard on Thursday said no there will be no single fix by government or central bank action for the European sovereign debt crisis.

I do not think you should expect the crisis to be solved with a silver bullet, so that expectation should leave the market, he said in an interview on Bloomberg Television.

You should put the focus squarely on those countries and those politicians that have borrowed way too much, he said.

(Reporting by Mark Felsenthal; Editing by James Dalgleish)