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04:54 : PRESS DIGEST - British business - June 3 - European Central Bank president Jean Claude Trichet has called for the creation of a European finance ministry, saying it would fit the existing single market, single currency and single central bank.

18:15 : Jean-Claude Trichet calls for European finance ministry - Jean-Claude Trichet, President of European Central Bank, says recent debt problems show need for central EU control of national budgetsA long-term solution to the crises rippling through the 17-nation ...

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