Trichet sees strengthening eurozone economy

European Central Bank President Jean-Claude Trichet said on Monday 20 February he sees economic activity in the euro zone strengthening. He warned, however, that risks to price stability have increased.

"Such vigilance is indeed warranted, taking into account the present upside risks to the outlook for price developments and the historically low level of both nominal and real short term interest rates," Trichet told a European Parliament committee.

"Our assessment continues to reflect a progres

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