Trichet: The economy has stabilized, the prospects are better than expected

Stabilize the world economy and economic prospects are better than expected earlier, said the President of the European Central Bank Jean-Claude Trichet, speaking on behalf of the leaders of the ten largest central banks in the world. It is now known that many forecasts were revised slightly upward, which indicates that we probably came from the period of free fall marked the last quarter of last year and the first of this, "said Trichet, cited by AFP. However, "it is not excluded road ahead is bumpy," Trichet has stressed, adding that "of course, vigilance remains vital. Trichet met in the Swiss city of Basel with his counterparts from the major central banks in the world.