Trichet urges spending with hint of ECB rate cut

Comments by Jean-Claude Trichet, President of the European Central Bank, 2 June 2005, who gave a downbeat assessment of eurozone growth prospects and made a surprisingly open admission that Europeans needed to step up their spending habits.

European Central Bank: Press Release, 2.6.05 http://www.ecb.int/press/pr/date/2005/html/pr050602.en.html

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