Jean-Claude Trichet, President of the European Central Bank ECB in Tokyo

European Central Bank (ECB) President Jean-Claude Trichet gave a presentation here in Tokyo on April 18, 2009 about the current financial and economic crisis.

Trichet blamed the crisis on an underpricing of the unit of risk. He also emphasized that its not a general crisis affecting all companies and financial institutions, but that some badly managed companies and banks are in bad shape, while well managed companies and financial institutions are in good shape and doing fine.

Trichet praised excellent international cooperation in taking measures to improve economic and financial stability and he also mentioned that unconventional steps will be announced at future meetings.

Overall his words were very carefully chosen and defensive, well aware of the impact of his words on the capital markets

European Central Bank ECB President Jean-Claude Trichet
European Central Bank ECB President Jean-Claude Trichet

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European Central Bank (ECB) uses QR-codes

QR codes were developed in the 1990s to manage car parts – today they are by far the best way to link mobile phones to almost anything. In many applications QR codes are cheaper, easier, more flexible and more secure than RFID and NFC.

The European Central Bank (based in Frankfurt) manages the EURO, is one of the world’s most important central banks, and uses QR-codes to link traditional PC-webpages to mobile pages.

If you need more information about qr-codes and their business applications, download our report here (pdf-file) or contact us.

European Central Bank uses QR codes
European Central Bank uses QR codes

Copyright·©2013 ·Eurotechnology Japan KK·All Rights Reserved·