ECB press conference with questions and answers

Speaking on Thursday 8 January, ECB president Jean-Claude Trichet said that available indicators point to an ongoing economic recovery in the euro area and that the assessment has not fundamentally changed but he said the ECB did not like excess volatility in exchange rate markets.

At the ECB's post meeting news conference after the Governing Council made its no-change decision on interest rates 8 January, President Jean-Claude Trichet refrained from directly addressing the soaring euro, which