Trichet on Eurozone reforms and growth

In a speech on 'Structural reforms and growth, as highlighted by the Irish case' given on 31 May, Jean-Claude Trichet of the ECB said governments of the twelve euro countries could help boost consumer confidence by increasing efforts to cut their budget deficits.

``Fiscal imbalances are quite significant in a number of European Union countries with deficits and public debt ratios too high,'' Trichet said at the first Central Bank Whitaker lecture in Dublin. ``The still-moderate level of

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