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Former ECB President Trichet Says No Regrets Over Crisis

Jean-Claude Trichet, the former president of the European Central Bank, said today that “I don’t regret anything” about his management of the European financial crisis.

“We took all our decisions carefully,” Trichet said during a question-and-answer session after a speech at Harvard University in Cambridge, Massachusetts. “They were not in a textbook. We were incorporating a lot of decisions and judgments. They had to be taken, from time to time, very rapidly.”

Trichet retired from his role as president of the Frankfurt-based central bank last year. He was succeeded by Bank of Italy Governor Mario Draghi.

To contact the reporter on this story: Janelle Lawrence in Boston at jmlawrence@mac.com.

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net

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