If you have an influence on the world's money, then you have an influence on the world, which makes French civil servant Jean-Clause Trichet worthy of AskMen's Top 49 Most Influential Men of 2011 list. Trichet is the president of the European Central Bank, and despite daily reminders that the European economy is on the brink of collapse, without Trichet it might have already happened. As AskMen tells us, "[Trichet] helped usher the bank to major prominence after the global financial collapse...Read Full Story
…last year. Between June and September 2011, the debt of eurozone governments as a percentage of GDP fell from 87.7% to 87.4% . The recovery’s combination of GDP growth, rising revenue, and falling unemployment meant debt was falling at an annualized rate of a full 1.2% points.
The kicker? The country in which it decreased the most was Italy , where it fell by an incredible 1.6 percentage points in a single quarter. Spain’s debt-to-GDP remained unchanged and recently-downgraded France’s...Read Full Story
Jan. 27 (Bloomberg) -- Former European Central Bank President Jean-Claude Trichet talks about systemic risk in the banking industry. He speaks during a Bloomberg Television debate moderated by Maryam Nemazee at the World Economic Forum's annual meeting in Davos, Switzerland. (Source: Bloomberg)Read Full Story
Jan. 27 (Bloomberg) -- Former European Central Bank President Jean-Claude Trichet talks about systemic risk in the banking industry. He speaks during a Bloomberg Television debate moderated by Maryam Nemazee at the World Economic Forum's annual meeting in Davos, Switzerland. (Source: Bloomberg)Read Full Story
Foreign-exchange strategists arereducing their forecasts for the euro at the fastest pace thisyear as European Central Bank President Mario Draghi ’s interest-rate cuts remove one of the currency’s pillars of support. Since Nov. 3, when Draghi began to undo the rate increasesimplemented earlier this year by his predecessor, Jean-Claude Trichet , analysts have cut end-of-2012 estimates for theeuro to $1.32 from $1.40, based on the median of 40 forecasts ina Bloomberg survey as of last week. It...Read Full Story
European Central Bank President Mario Draghi has taken a decidedly more activist and creative approach than his predecessor, Jean-Claude Trichet, toward supporting the euro-area economy and propping up its banks. Now, he has an opportunity to take the ...
European Aeronautic, Defence & Space Co. is set to appoint former European Central Bank President Jean-Claude Trichet to its supervisory board as part of a wider management reshuffle, two people familiar with the plan said.
(Please visit the site to view this media)Jan. 27 (Bloomberg) -- Former European Central Bank President Jean-Claude Trichet talks about systemic risk in the banking industry. He speaks during a Bloomberg Television debate moderated by Maryam Nemazee at the World Economic Forum's annual meeting in Davos, Switzerland. (Source: Bloomberg)...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to...
PARIS (Reuters) - The former president of the European Central Bank Jean-Claude Trichet was tipped on Thursday to join the board of Airbus parent EADS as its board put the finishing touches to a long-agreed management handover.Related StoriesMF Global casts spotlight on client fund rulesRetail sales suffer biggest drop in nearly 3 years - CBISyria plans local ceasefire with rebels - governorIreland eyes charges in Anglo Irish probe by...
The European Central Bank’s bond program, dubbed “temporary” by Jean-Claude Trichet, shows no signs of ending even after 219 billion euros ($289 billion) of purchases augmented by twice as much in three-year loans.
Yearly inflation in euro nations hit a record 4 percent in June, the EU statistics agency Eurostat said Monday, adding pressure on the European Central Bank to raise borrowing costs even as the economy slows. ECB officials have signaled they may hike ...