Trichet on structural reforms
Jean-Claude Trichet, the president of the European Central Bank, stressed the importance of labour markets reforms in the European Union.
Reforms, Trichet said in a speech at the Forum ABC in Madrid on 15 February, are especially important as the union's growth performance is - and will continue to be - constrained by ageing population and low population growth.
He highlighted as good examples Ireland, Netherlands and Denmark who have achieved success in reducing unemployment and stimulating the
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