I would say it deserves examination," Jean-Claude Trichet said...Mr Trichet also said the crisis should not deter financial innovation. "Financial innovation should continue," Mr Trichet said after a speech in California. "It would be a big, big...
International Herald Tribune
The president of the European Central Bank , Jean-Claude Trichet , on Friday welcomed a proposal to create a European Monetary Fund, but said such a fund should be a mechanism to support countries with budget problems. “We have seen the proposal.