ECB chief Trichet stands by 'credible' euro

In his first public comments since becoming president of the European Central Bank Jean-Claude Trichet said Monday there is a need to deliver a confidence inspiring and credible single currency. He said Duisenberg's legacy would be maintained and that the ECB was a "profoundly united monetary team".

Source: AFP

The new European Central Bank president Jean-Claude Trichet said here Monday he wanted to promote a "credible" single currency and perpetuate the tradition of his predecessor Wim Duisenb