Trichet demands greater powers


Jean-Claude Trichet, the president of the European Central Bank, on Thursday said euro area governance reforms should create a mechanism that hands power over national economic policy to euro area institutions if a country fails to adhere to economic governance rules.

On receiving the Charlemagne Prize 2011 in Aachen, Germany, Trichet said: "Looking at the euro area today, we see clearly that countries that abide by the rules of the single currency can thrive and prosper. Sound policies and a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: