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Image header Agence Europe
Europe Daily Bulletin No. 8088
Contents Publication in full By article 17 / 44
GENERAL NEWS / (eu) eu/economy

09/11/2001 (Agence Europe) - The Governor of the Bank of France, Jean-Claude Trichet, said last Friday that by deciding to cut its interest rates, the European Central Bank (ECB) had created the conditions for a rebound in the eurozone's economy at the time when the international economic environment was slowing down. The ECB Governing Council, he said, had thereby given a triple sign of confidence in the stability of the currency, price stability and also in terms of consumers and business. He added that the ECB's gesture also reflected the commitment of the eurozone Finance Ministers to respect the Stability and Growth Pacts that set limits on how far budget deficits are allowed to slip.

Contents

THE DAY IN POLITICS
GENERAL NEWS
CALENDAR
ECONOMIC INTERPENETRATION
SUPPLEMENT