Trichet preaches sustainable long-term growth

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Jean-Claude Trichet, the president of the European Central Bank, on Saturday offered policymakers his advice on achieving maximum long-term economic growth.

Speaking at the Jackson Hole Economic Symposium in the US, as part of a panel entitled Setting Priorities for Long-term Growth, Trichet criticised comparisons between the eurozone and the US in terms of growth patterns.

"Debates about the US versus the euro area have become commonplace in recent years," said Trichet. "To my mind, though, suc

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