Trichet says Europe facing 'difficult moment'

The President of the European Central Bank, Jean-Claude Trichet, spoke on Monday night after France's rejection of the EU constitution, saying Europe faced "a difficult moment".

However, he argued: "I am sure that Europeans will together find the way allowing them to overcome present difficulties as they did in the past."

Trichet sought to deflect any blame for the NO vote from the euro zone central bank.

As the ECB faces pressure to take action this week to boost eurozone growth with a cut to

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