Comment: Trichet on European reforms

In order to enhance or even maintain its economic prospects, Europe needs substantial economic reforms. While continental electorates appear reluctant to accept this argument, it has become the battle cry of the European centre-right and international institutions such as the IMF and the OECD.

COMMENT BY CENTRALBANKNET

Unsurprisingly, the ECB has also been pushing the reform agenda. In a speech yesterday, Jean-Claude Trichet, president of the ECB, illuminated his views on where Europe and its

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