Trichet trial set for January 2003 start

FRANCE - The court case concerning the French banking group Credit Lyonnais, which involves Jean-Claude Trichet, the governor of the Bank of France, will start in January 2003.

Mr Trichet is also France's candidate for the position of president of the European Central Bank but his tag of favourite has suffered since the decision to prosecute him was taken. The current ECB chairman, Wim Duisenberg, is due to step down in July 2003.

The date for the start of the trial is earlier than most expected

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