Trichet may face trial after court ruling Tuesday

FRANCE - An investigating judge today ordered France's central bank chief to answer in court for his actions regarding the government bailout a decade ago of the then-state-owned bank Credit Lyonnais.

Only last week CentralBankNet reported the news that prosecutors had decided against charging Trichet with any offence. However, under French law, this can be overruled by a judge. Trichet was widely predicted to take over from Wim Duisenberg as president of the ECB after Duisenberg's recent ann

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