Sunday, April 10, 2005

Trichet says Not relevant

The Governor of the European Central Bank, Jean Claude Trichet, was quoted this week in a Spanish Economic journal, The Gaceta de los Negocios as downplaying the effect of a French 'No' vote on the European economy,
"The economic impact in the markets of a No from France to the European Constitution would be limited and marginal'.
He went on to comment that any effect would be merely "pshycological" and short term.

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