May 15, 2011

There is no euro crisis, says ECB chief Trichet

Berlin - European Central Bank (ECB) chief Jean-Claude Trichet on Sunday defended the success of the euro currency, in an article written for German Bild am Sonntag newspaper.

'There is no euro crisis. What we are currently observing in some eurozone countries is primarily a debt crisis in public budgets,' Trichet wrote.

Securing global economic security

Inflation is a significant factor of global economic security and has the innate capacity to upend carefully laid plans