EuroNews: Trichet: 'Major uncertainties' about euro zone outlook in 2008
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Trichet: 'Major uncertainties' about euro zone outlook in 2008
In an interview with EuroNews that aired Friday, Jean-Claude Trichet said that the bank's governing council, which sets interest rates for the 13-nation euro zone, are worried about the risk of weaker growth. "It is true there are major uncertainties with regard to the economic situation," he said. "The council of governors of the ECB feels that there is a greater risk of weaker growth, with it going below around 2 percent."
