Trichet's Rift With French President Sarkozy Deepens Over ECB Independence

(Bloomberg) -- Jean-Claude Trichet's rebuke of a
French demand for a greater voice for governments in setting
interest rates deepened a rift with President Nicolas Sarkozy.

``Such declarations are not acceptable,'' European Central
Bank spokeswoman Regina Schueller said yesterday on behalf of
Trichet. ``The president of the ECB repeats with gravity that any
attempt'' to influence the ECB violates the European Union's
founding treaty.


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