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Business
Ex-ECB Chief Trichet More Optimistic on India Than Global Economy
✍️ Moneycontrol.com
🗓 05 Oct 2026, 06:08 AM
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Former European Central Bank chief Jean-Claude Trichet said he is more optimistic about India's economic prospects than about the global economy as a whole. He expressed this view in an interview with Moneycontrol.
Jean-Claude Trichet, who served as the president of the European Central Bank from 2003 to 2011, recently shared his outlook on emerging markets. In a conversation with Moneycontrol, he stated that his confidence in India's economic trajectory exceeds his confidence in the global economy overall.
Trichet highlighted India's structural reforms, demographic advantage and resilient domestic demand as factors underpinning his positive view. He contrasted these strengths with the uncertainties facing many advanced economies, including slower growth and inflationary pressures.
The former ECB chief's remarks come amid growing interest from international investors and policymakers in India's post‑pandemic recovery. While he did not provide specific forecasts, his comparison underscores a relatively bullish stance on India's medium‑term prospects.
Trichet highlighted India's structural reforms, demographic advantage and resilient domestic demand as factors underpinning his positive view. He contrasted these strengths with the uncertainties facing many advanced economies, including slower growth and inflationary pressures.
The former ECB chief's remarks come amid growing interest from international investors and policymakers in India's post‑pandemic recovery. While he did not provide specific forecasts, his comparison underscores a relatively bullish stance on India's medium‑term prospects.