Can Trichet convince on eurozone's strength?
China Daily | Updated: 2010-02-06 07:26

Greek crisis sees ECB boss fend off questions on euro's survival
LONDON: European Central Bank President Jean-Claude Trichet is struggling to convince investors that the eurozone shouldn't be punished for Greece's budget problems.
As Greece tries to control a record deficit and stem a slide in its bonds, Trichet said the economy of the 16-nation eurozone is solid and its budget shortfall will probably be smaller than those of the US and Japan this year.
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