Jean-Claude Trichet: How to increase the competitiveness of the European economy Speech by Mr Jean-Claude Trichet, President of the European Central Bank, at the panel discussion, Karlspreis Europa Forum, Aachen, 30 April 2008.
And while other major economies, such as the United States, have seen trade as a share of GDP fall since the pandemic, in the euro area it reached a record high in 2022.