French resistance

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European Central Bank (ECB) President Jean-Claude Trichet will not give up his fight against politic...

European Central Bank (ECB) President Jean-Claude Trichet will not give up his fight against political meddling. Not surprisingly, the French government is not happy. Now, an extraordinary war of words has broken out between Trichet and French President Nicolas Sarkozy. According to Sarkozy, the ECB chief is wrecking the euro-area economy. The way Trichet sees it, Sarkozy can't even run his own administration competently. Yet, a very public falling-out between one of Europe's most powerful politicians and its most important monetary-policymaker isn't going to help anyone. Someone should t...

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