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Quote by Jean-Claude Trichet

“I think we have to reflect on a treaty change that would permit more than surveillance, with recommendations and appropriate sanctions. When recommendations are not followed and sanctions prove ineffective, European institutions should have the capacity to impose the necessary decisions on a particular country.”

Quote by Jean-Claude Trichet

Author

Jean-Claude Trichet

Jean-Claude Trichet is a French economist and banker, born on December 20, 1942. He served as the President of the European Central Bank (ECB) from 2003 to 2011, playing a significant role in shaping the institution's policies and guiding the European economy. more

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