Jean-Claude Trichet

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Jean-Claude Trichet
Trichet.jpg
Occupation President
Employer European Central Bank

Jean-Claude Trichet of France is president of the European Central Bank (ECB).[1] Trichet succeeded Dutchman Wim Duisenberg in 2003 after a compromise deal had been reached within the EU to give each a half-term at the helm.

He has said he agrees with U.S. authorities when they say that a "strong dollar" is in the interest of the United States.[2]

He contends that private-sector involvement is "fully consistent" with existing policies of the International Monetary Fund (IMF).[3]

Awards he's received have included "Policy maker of the year", International Economy magazine, since 1991, Prize "Zerilli Marimo", Académie des Sciences morales et politiques since 1999, and International prize "Pico della Mirandola" since 2002.[4]

Background[edit]

Trichet, a career public-service bureaucrat, had previously been appointed to consecutive terms as governor of the Banque de France beginning in 1993 and had previously worked in the French government's Treasury Department, which he first joined in 1975. He was also chairman of the Paris Club for sovereign debt re-scheduling from 1985 to 1993 and from 1987 served as alternate governor to both the World Bank until 1995 and the International Monetary Fund (IMF) until 1993. He also served a year until his appointment to the Banque de France as chairman of the European Monetary Committee.

Education[edit]

Like many high-ranking members of the French government and bureaucracy, Trichet is a graduate of the Ecole Nationale d'Administration (ENA). He is also a graduate of the Institut d'études politiques de Paris and a graduate of the Ecole nationale d'administration.

Latest News[edit]

On June 30, 2011, Trichet spoke to a group of lawmakers in Brussels, suggesting that the July 2011 interest rate could rise despite the debt struggle in Greece.[5]

References[edit]