ECB's Trichet says stable prices needed for growth
BERLIN (Reuters) - Stable prices are needed for solid growth, European Central Bank President Jean-Claude Trichet said on Thursday.
"All citizens want price stability. Guaranteeing price stability in the medium term is a necessary condition for solid growth," Trichet said in Berlin where German President Horst Koehler was presenting him with a state honour.
Trichet did not comment on recent economic developments at the event.
(Reporting by Iain Rogers and Kerstin Gehmlich, writing by David Milliken, editing by David Christian-Edwards)
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