European Central Bank President Jean-Claude Trichet, left, talks with EU Commissioner for Economic and Monetary Affairs Joaquin Almunia, at the start of the Eurogroup meeting in Luxembourg, Monday, Oct. 6, 2008. EU finance ministers are beginning two days of talks to plot a strategy to contain the turmoil sweeping European banks and to debate ways to increase oversight of the financial sector.
European Central Bank President Jean-Claude Trichet, left, talks with Spain's Finance Minister Pedro Solbes at the start of the Eurogroup meeting in Luxembourg, Monday, Oct. 6, 2008. EU finance ministers are beginning two days of talks to plot a strategy to contain the turmoil sweeping European banks and to debate ways to increase oversight of the financial sector.
PARIS - OCTOBER 04: French President Nicolas Sarkozy (R) greets European Central Bank President Jean-Claude Trichet in the courtyard of the Elysee Palace on October 4, 2008 in Paris, France. European Leaders from France, Italy, Britain and Germany are holding a meeting in Paris to discuss the economic crisis in Europe.
European Central Bank president Jean-Claude Trichet (C) and his deputy Lucas Papademos (L) are in the focus of the media as they arrive to give a press conference on October 2, 2008 at the ECB in Frankfurt/M., western Germany. Trichet said that the ECB governing council had discussed a possible cut in interest rates.
European Central Bank President Jean-Claude Trichet, right, arrives for a meeting at the headquarters of the European Trade Union Confederation in Brussels, Wednesday Oct. 1, 2008. The ECB is expected to keep its key interest rate unchanged this week, despite the world financial crisis and the spreading U.S. financial meltdown.
European Central Bank President Jean-Claude Trichet, right, shares a word with General Secretary of the European Trade Union Confederation John Monks as he arrives for a meeting at the trade union headquarters in Brussels, Wednesday Oct. 1, 2008. The ECB is expected to keep its key interest rate unchanged this week, despite the world financial crisis and the spreading U.S. financial meltdown.
European Central Bank president Jean-Claude Trichet (L) poses with Luxemburg Premier Jean-Claude Juncker as he presents his "European Banker of the Year" trophy after he was awarded with it on September 30, 2008 in Frankfurt am Main. Every year, the members of "The Group of 20 +1" nominate a high-ranking business leader and honour his achievements within the financial services sector in Europe. The members of "The Group of 20 +1" comprise 20 leading finance and business journalists.
Jean-Claude Trichet, right, President of the European Central Bank shakes hands with Ivan Sramko, left, Governor of National Bank Of Slovakia during the opening of Slovakia' Euro exhibition at the headquarters of the Slovakia's National Bank in Bratislava, Slovakia, Sunday Sept. 21, 2008. On Jan. 1, 2009 Slovakia will adopt the euro as its currency and will become the 16th country to join the euro area.
French Minister of the Economy Christine Lagarde (R) and the president of European Central Bank Jean-Claude Trichet (L) give a press conference on September 13, 2008 at the end of the meeting of Finance ministers of the Eurogroup (Finance ministers from the 13 eurozone countries) in the Palais des Expositions in Nice, southern France.