Trichet lays down the gauntlet

Subjected to a grilling by its Economic and Monetary Affairs Committee in one of the seemingly infinite rooms of the European Parliament's nightmarishly labyrinthine buildings in Brussels on September 11, Jean-Claude Trichet gingerly and with consummate professionalism picked his way through the minefield of questions laid out for him, emerging unscathed. One could not help but admire his nimble footwork.

The questions betrayed an obsession with the death throes of the Stability and Growth Pac

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