Trichet on growth potential & structural reforms

In the speech 'Growth potential, labour productivity and structural reforms in Europe' given on 10 November Jean-Claude Trichet of the ECB said we need structural reforms to make sure that the soil is fertile enough for the seeds of technological progress to produce the fruits leading to higher productivity growth and per capita output growth.

"We know what we have to do, the way has been identified in the Lisbon strategy and the first steps have been taken. That way needs now to be followed in a

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