Trichet speaks in Hildesheim: Focus on the future of the EU

Trichet speaks in Hildesheim: Focus on the future of the EU

Hörsaal 2, Universität Hildesheim, Hildesheim, Deutschland - The University of Hildesheim will welcome the former President of the European Central Bank (ECB), Jean-Claude Trichet, to the Hildesheim financial, economic and currency talks on Monday, April 7, 2025, at 6:15 p.m. The event takes place in the lecture hall 2 and is led by history professor Michael Gehller, who also leads the Institute for History at the University of Hildesheim. Trichet, who headed the ECB from 2003 to 2011, brings an abundance of experiences from the economic and political field, including its participation in the introduction of the euro.

a contribution to European integration

The series of talks at the University of Hildesheim is a continuation of the Europage Talk, which was carried out by Professor Gehler since 2007. This series aims to create a link between history and the present and to open up important core topics from business, politics and history. Participants also have the opportunity to ask questions and bring in their own perspectives.

Jean-Claude Trichet, who reflects the challenges and successes during his term in a recent interview on the ECB, emphasizes that the average inflation rate has been 2% since the introduction of the euro, which speaks for the trust of the population. 79% of the citizens in the euro zone have confidence in the ECB, a sign of the stability that was funded during his term.

challenges and future developments

The ECB has raised interest rates seven times in recent years to react to rising inflation rates that are influenced, among other things, by geopolitical tensions and the energy crisis. Trichet emphasizes that the ECB has taken its responsibility seriously and that the severity of inflation has not underestimated. This problem is increased by the offer of a shock and structural changes within the economy, which result from the Ukraine crisis and the subsequent delivery bottlenecks.

Christine Lagarde, the current President of the ECB, made it clear in terms of inflation that has reached the double -digit range in some countries, that it is necessary to increase interest rates to achieve the medium -term inflation target. The ECB faces a changed inflation environment, which means that economic policy measures have to be clearly and consistently designed. Lagarde is convinced that the ECB is determined to attribute inflation to the target value.

The upcoming event at the University of Hildesheim not only offers the opportunity to benefit from trichets extensive experience, but also the chance to have a deeper discussion about the current challenges and perspectives of the European Union. The link between past and future could provide decisive impulses for European integration, which is of central importance for stability and peace in Europe.