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Europe Daily Bulletin No. 8535

5 September 2003
GENERAL NEWS / (eu) eu/ecb/stability pact
Mr Trichet defends stability pact and says increasing deficit does not help growth

Brussels, 04/09/2003 (Agence Europe) - In his written responses to a questionnaire sent out ahead of his panel interview before the EP's Committee on Economic and Monetary Affairs on 11 September, the candidate for the chairmanship of the European Central Bank (ECB), Claude Trichet, expressed the view that it would be "dangerous to the credibility of EMU as a whole to make changes to" the text of the Stability and Growth Pact, and stressed that "it would be a mistake to believe that in...

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