TOPIC: Globalisation » Economy » Finance » Banks
Category
quotes
Date
2009-12-28
Actor
Trichet, Jean Claude...
Source
Standart
Uploaded date
2010-02-01
Uploaded by

Public Finance during Crises

Banks should secure enough credits to help the economy quickly recover from the crisis. The governments from the eurozone should manage the public funds towards support and recovery of the world economy in 2010. Dealing with the damages the crisis inflicted on the labour market and the public finances comes as another challenge. The budget deficits in the eurozone should be cleared off by 2011 the latest, in some countries even in 2010, which will help the restoration of trust in the public finances.
Jean Claude Trichet
President of the European Central Bank, as quoted in an interview for Bild am Sonntag.

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