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Europe Daily Bulletin No. 8724

12 June 2004
Contents Publication in full By article 27 / 38
GENERAL NEWS / (eu) eu/ecb
Banque de France supports ECB policy

Brussels, 11/06/2004 (Agence Europe) - Criticism from several member states' governments (notably Silvio Berlusconi: see EUROPE of yesterday, p.14) towards the European Central Bank's policy, which, they believe, favours price stability to the detriment of growth, was yesterday refuted by the governor of the Banque de France and former vice-president of the ECB, Christian Noyer. Presenting the Banque de France's annual report on Thursday, Mr Noyer, quoted by AFP, said that "the target of 2%...

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