ECB's Trichet on two successes of the euro

In the speech 'Two successes of the euro: the single monetary policy and European financial integration' given on 11 May Jean-Claude Trichet of the ECB said that the central bank is on high alert over inflationary dangers, is exercising "strong vigilance," and will not waiver from its course.

"Success in the past gives no reason for complacency. In the future as in the past, the ECB will continue to act promptly where necessary to contain risks to price stability over the medium term," Trichet

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