Trichet hits out at French criticism of the Euro

Trichet hits out at French criticism of the Euro


European Central Bank Jean-Claude Trichet hit out April 12 at criticism, notably from key French political leaders, claiming that the Euro was undercutting the economic performance and jobs market of currency bloc member states. Speaking at a press conference in Frankfurt following a meeting of the ECB governing council, French-born Trichet said that since the Euro’s launch in January 1999 about 12 million jobs had been created across the Eurozone, which expanded to 13 in January. As a former Ba...


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