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Trichet upbeat on euro zone growth

Trichet upbeat on euro zone growth
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European Central Bank President Jean-Claude Trichet has said that the latest data suggests euro zone economic growth will be better than expected in the second quarter of this year, but he added: “We must remain cautious.”

In an interview with the French newspaper Le Monde, Trichet also said the euro is a very credible currency which maintains its value and inspires the confidence of investors.