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Another month of agony for ECB hopeful Trichet

FRANCE - Bank of France chief Jean-Claude Trichet will have to wait until the end of April to know whether French state prosecutors want him tried over a bank scandal that has hurt his hopes of becoming European Central Bank president reports Reuters.

Labour mismatches plague euro zone

GERMANY - Austria has too many construction workers and too few hairdressers. France suffers from an abundance of woodworkers but a shortage of nurses. These are some of the findings of an ECB report published today.

Eurogroup's Rato supports Trichet as ECB head

FRANCE - Rodrigo Rato, chairman of the group of EU finance ministers, on Thursday said the next president of the European Central Bank should be French and signalled his support to put Bank of France Governor Jean-Claude Trichet in the top job.

Speech by J.C. Trichet of Banque de France, 12 Feb

SPEECH - In the speech titled 'The Euro and the Monetary Union' Bank of France Governor Jean-Claude Trichet said there were signs that the European and United States economies were bottoming out after their recent slump. "As regards the present situation…

France bids tearless farewell to franc

FEATURE - After 650 years of history, the franc disappears this weekend with about as much ceremony as the muttered address at the funeral of a forgotten relative.

Eighteen months of agony for ECB hopeful Trichet

FEATURE - As Wim Duisenberg announces the date when he will step down Bank of France Governor Jean-Claude Trichet has 18 months to fulfil France's dream that he will take Duisenberg's seat as president of the European Central Bank, the most powerful…

EU heads of state to decide next no. 2 at ECB

FRANCE - French finance minister Laurent Fabius said Sunday that the issue of who replaces European Central Bank Vice President Christian Noyer at the end of May is a matter for European Union heads of state to decide.

Bankers quizzed over money laundering

FRANCE - Daniel Bouton, chairman of Societe Generale, the French bank, has became the latest in a long line of prominent French businesspeople to fall foul of the country's investigating magistrates.

ECB's Trichet gives little away on rates

EUROPE - European Central Bank Governing Council member and Bank of France Governor Jean-Claude Trichet gave little indication in a German newspaper interview Saturday of when the ECB might cut interest rates again.

OECD forecasts recovery

The OECD's forecasts, while acknowledging that the world may already be in recession, suggest that the recession may not be prolonged and it still expects a sharp recovery next year. "I don't see this as a severe global recession," Chief Economist…

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