BASEL - the President of the European central bank (ecb), Jean-Claude Trichet, explained Monday ‘ to have provided ‘ concerning the expensive euro. It is not the first time that Trichet about this expresses themselves, but is criticism becomes continuously expliciter. The European entity currency lane since beginning this year already with 5 per cent compared with the American dollar and has stood on an absolute record. This hampers the European export, fears the ecb. ‘ we have been provided concerning the excessive koersbewegingen in the current circumstances ‘, explained Trichet on a press conference in Swiss drivel. It is for the first time that he uses the word ‘ provided ‘. THE ecb can intervene, however, to weaken the euro, particularly by reducing the interest. But this is strongly hampered then by high inflation. The fight against inflation is primordial for the ecb and therefore the interest is not reduced. On the other hand the American central bank (Fed) has already intervened repeatedly and the interest in the US reduced. Trichet were Monday, however, optimistic concerning the global economic growth. According to him the economy will continue grow, in spite of the subprimecrisis in the US and in spite of ‘ a certain level of delay ‘.