European Central Bank council member and Bank of France governor Jean-Claude Trichet said on Feb. 7, 2000 growth in Europe will continue "at a reasonable, strong pace." There were, however, downside risks to real gross domestic product growth, he told a banking conference. Trichet added that a strong euro is in Europe's interests.
On inflation, he echoed the views of ECB president Wim Duisenberg, saying "the risks are balanced but caution is still needed." Trichet said cross-border payments in
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