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Image header Agence Europe
Europe Daily Bulletin No. 8948
Contents Publication in full By article 12 / 32
GENERAL NEWS / (eu) eu/ecofin/ecb

Despite growth differences between Member States, ECB monetary policy is appropriate, Trichet repeats

Luxembourg, 17/05/2005 (Agence Europe) - Answering press questions on Saturday on how appropriate the European Central Bank's (ECB) monetary policy is given the different rates of growth and productivity observed within the euro zone, ECB President Jean-Claude Trichet said that such differences were ”not abnormal for such vast continental economies”. After the informal Ecofin meeting, Mr Trichet explained that the ECB survey should cover the whole of the zone, “as does the Federal...

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