About: Trichet

Euro & Finance 19-09-2011

US economist: ‘European incoherence’ hampering euro’s rise as world currency

The euro's rise as an international exchange and reserve currency is being slowed by the incoherence of European monetary and fiscal policy, said economist Barry Eichengreen in an interview with EURACTIV.
Euro & Finance 05-07-2011

Why is the European Central Bank president still a plaything of politicians?

Given that European Central Bank is playing a growing role in the lives of ordinary citizens, it is high time for the process of choosing its president to become more democratic, rather than being dominated by the governments of member states, argues David H. Price.
Euro & Finance 15-06-2011

Eurozone ministers struggle to agree on new aid for Greece

As workers in Greece prepare for a general strike today (15 June), EU finance ministers yesterday night failed to reconcile a German-led push for bondholders to share part of the cost of a new Greek aid package, amid warnings from the European Central Bank (ECB) that any coercive solutions could unleash a new wave of contagion.
Euro & Finance 07-12-2009

Juncker’s Eurogroup bid under attack

Italy is refusing to give up its bid for the presidency of the Eurogroup and is challenging the informally announced re-appointment of Luxembourg Prime Minister Jean-Claude Juncker to the job, EURACTIV has learned. The battle could also involve the appointment of the new president of the European Central Bank.

ECB keeps economy on life support

The European Central Bank will continue giving loans to banks as a way to maintain the nascent recovery in the euro zone, ECB policymakers said on Monday (28 September).
Euro & Finance 04-07-2008

ECB raises borrowing rate despite economic slowdown

In a widely expected move aimed at keeping inflation in check, the European Central Bank (ECB) yesterday (3 July) raised its central rate to 4.25%, sending euro trading near to its highest level against other currencies.
Euro & Finance 26-10-2004

Trichet voices concerns about oil prices

The president of the European Central Bank expects continuing growth for the eurozone economy, although surging oil prices could dampen the speed of growth.
Euro & Finance 13-10-2004

ECB warns of high cost of money if budget deficits are not cut

Jean-Claude Trichet has urged governments to reinforce their efforts to obide by the Stability and Growth Pact or face higher interest rates, which would dampen growth and employment in Europe.
Euro & Finance 07-05-2004

ECB warns of inflation amid rising oil prices

The European Central Bank decided on 6 May to leave interest rates on hold at two per cent but warned of the potential adverse effects of rising oil prices on the euro.
Euro & Finance 09-01-2004

ECB keeps interest rate at two per cent despite soaring value of euro

Despite the euro's five per cent gain on the dollar in December alone, the European Central Bank has resisted calls for a cut in the eurozone's interest rate.
Euro & Finance 02-12-2003

ECB’s Trichet vigorously defends eurozone’s fiscal rules

The President of the European Central Bank believes that the Stability and Growth Pact "is not dead" and that its principles should be reiterated in the EU's constitution.
Euro & Finance 24-09-2003

Parliament approves Trichet as ECB chief

Jean-Claude Trichet will succeed Wim Duisenberg as president of the European Central Bank from November, following the approval of his nomination by the Parliament on 23 September.
Euro & Finance 11-09-2003

Trichet gets green light from Parliament Committee

The Parliament's Economic and Monetary Affairs Committee voted on 11 September to back Jean-Claude Trichet's nomination to the post of president of the European Central Bank (ECB).
Euro & Finance 01-08-2003

ECB approves nomination of Trichet as its next president

The governing council of the European Central Bank (ECB) in Frankfurt has endorsed the candidacy of Jean-Claude Trichet, governor of the Bank of France, to become its next president.
Euro & Finance 16-07-2003

Jean-Claude Trichet to start on 1 November as president of European Central Bank

EU finance ministers adopted the Recommendation for the nomination of Jean-Claude Trichet as the next president of the European Central Bank at their meeting in Brussels on 15 July.
Euro & Finance 08-07-2003

Trichet to take over ECB presidency on 1 November

The Governor of the Bank of France, Jean-Claude Trichet, is scheduled to take over as president of the European Central Bank (ECB) on 1 November.
Enlargement 24-06-2003

Romania and Bulgaria expected to finish accession talks in 2004

The Romanian government has welcomed the decision of the Thessaloniki Summit to supports Romania's ambition to close accession talks in 2004 and become an EU member in 2007.
Euro & Finance 23-06-2003

EU names Trichet as next ECB president

The EU's leaders have unanimously launched the appointment process of Bank of France Governor Jean-Claude Trichet as the next president of the European Central Bank.
Economy & Jobs 23-06-2003

Thessaloniki Summit: Results

Backing for the draft EU constitution, appointment of a new president for the ECB and plans to include Balkan states in the Union are among the key results of a three-day summit of EU leaders in Thessaloniki.
Euro & Finance 19-06-2003

Trichet’s acquittal clears path to ECB appointment

Jean-Claude Trichet will be formally nominated at the Thessaloniki summit as the next head of the European Central Bank after his acquittal on 18 June on charges of complicity in the Crédit Lyonnais banking scandal.
Euro & Finance 06-01-2003

Start of trial against Duisenberg successor

French bank chief Jean-Claude Trichet goes on trial on 6 January for his alleged role in improper management of state-owned Crédit Lyonnais. The trial will be closely monitored at EU level, because Mr. Trichet was the most likely candidate to succeed ECB President Wim Duisenberg after his retirement in July 2003.