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Europe Daily Bulletin No. 9737

11 September 2008
GENERAL NEWS / (eu) ep/economy
Trichet justifies ECB policy to MEPs

Brussels, 10/09/2008 (Agence Europe) - In response to criticism from European Left MEPs during monetary discussions with the European Parliament's economic and monetary affairs committee, Jean-Claude Trichet justified the policy of the European Central Bank he presides: in compliance with his mandate, the first objective of the bank is to fight inflation and reach the medium term price stability target. He believes that this policy has borne fruit, given that the eurozone has created more...

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