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New ECB head shows optimism for euro zone

In his long-awaited first press conference since becoming President of the European Central Bank (ECB), Jean-Claude Trichet was optimistic about a recovery in the euro zone's economic fortunes.

As economists had predicted, Mr Trichet decided to leave the euro zone's interest rates at their historically low level of two percent. This followed his first rate-setting meeting at the ECB's headquarters in Frankfurt.

And the Frenchman used his first media outing to express his optimis...

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