Jean-Claude Trichet

The prospects of the European economy were discussed by the participants in the panel "European Economy", coordinated by Tassos Anastasatos, Chief Economist of Eurobank and held at the 6th Delphi Economic Forum held under the auspices of of the President of the Republic, Katerina Sakellaropoulou.

The euro zone's economy is not heading for a recession but still needs support from the European Central Bank as its slowdown could last longer than expected, the head of the ECB, Mario Draghi, has said.

By Ian Wishart

Government debt in the euro area surged to the highest levels since the introduction of the single currency, underscoring the challenges still confronting the 19-nation bloc as it wrestles with Greece over new aid payments.

BELGRADE - Chairman of the European branch of the Trilateral Commission Jean-Claude Trichet has said that the Serbian government policy of progressive EU integration is clear, impressive and convincing.

BELGRADE - A meeting of the European branch of the Trilateral Commission, a discussion group often called "the world's shadow government," started in Belgrade Saturday, with Chairman of the Commission's European branch Jean-Claude Trichet and Serbian Prime Minister Aleksandar Vucic welcoming the participants.

"World Shadow Government" group meets in Belgrade

BELGRADE -- The Trilateral Commission is holding a regional meeting of its European group in Belgrade from Friday until Sunday.

In it report, Tanjug noted that the group is "frequently referred to as 'World Shadow Government'."

BELGRADE - Trilateral Commission, frequently referred to as "World Shadow Government", will hold the regional meeting of its European group from Friday to Sunday in Belgrade.

Former European Central Bank President Jean-Claude Trichet (photo) entered the tussle over who leads the European Commission, backing Jean-Claude Juncker’s bid to win the post over U.K. opposition.

The European Central Bank has indicated that it is close to easing monetary policy in June, according to Executive Board member Yves Mersch.

ECB President Mario Draghi’s comment on May 8 that officials are “comfortable” with taking action next month is similar to the policy signals given by his predecessor, Jean- Claude Trichet, Mersch said at an event in Berlin.

Former Finance Minister Giorgos Papaconstantinou issued a statement on Tuesday denying claims that the International Monetary Fund’s ex-Managing Director Dominique Strauss-Kahn had insisted that the Greek debt be restructured as part of the bailout deal signed in May 2010.