During a meeting of the Committee on Economic and Monetary Affairs (ECON) in the EP in Brussels, Jean-Claude TRICHET participates in his confirmation hearing as the next President of the European Central Bank (ECB). The main objective of the hearing is to learn more about the personality and views of Jean-Claude TRICHET on key economic and monetary policy questions, on how the ECB should be run and on his conception of democratic accountability of the ECB.

Brussels

Committee on Economic and Monetary Affairs

hearing

TRICHET, Jean-Claude (FR)

LINDH, Anna Maria (SE)

appointment of the President of the ECB (T)

Confirmation hearing of Jean-Claude TRICHET as the next President of the European Central Bank: extracts

SOUNDBITE (English), Jean-Claude TRICHET, as the next President of the European Central Bank, in English, on his regret for the assassination of the Swedish Foreign Minister Anna LINDH.

SOUNDBITE (French), Jean-Claude TRICHET, on the need for citizen&rsquo;s confidence in the European economy as well as in the European single currency

SOUNDBITE (English), Jean-Claude TRICHET, on the need for citizen&rsquo;s confidence in the European economy as well as in the European single currency

SOUNDBITE (English), &ldquo;I am not here as a French man, I am speaking as a candidate for the ECB presidency&rdquo;

SOUNDBITE (English), Jean-Claude TRICHET, &ldquo;We have today exactly the same long-term expectations for inflation and for market interest rates that we had before the introduction of the Euro (&hellip;) less than 2, close to 2&rdquo;

SOUNDBITE (French), Jean-Claude TRICHET, on the practical application of the Stability and Growth Pact: &ldquo;we can perhaps provide more stimulation in periods of &lsquo;fat cows&rsquo; than we can do in &lsquo;thin cows&rsquo; periods&rdquo;

SOUNDBITE (French), Jean-Claude TRICHET, &ldquo;we are Europeans and I will not take any conclusion of what is happening in the United States for deciding to have more deficit in Europe: that would not be appropriate&rdquo;

SOUNDBITE (English), Jean-Claude TRICHET, &ldquo;we are not a fragile institution, but we are a unique one, and we have to convey to the unity of the institution&rdquo;