Jean-Claude Trichet, the new president of the European Central Bank (ECB) has warned against suspending the euro stability and growth pact.
Speaking in the Economic and Monetary Affairs Committee on Monday (1 December) for the first time as President of the European Central Bank, Mr Trichet advocated that the Pact should not be changed.
"The Pact is not dead. We should not change it - if we want to generate confidence", Mr...
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Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.