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That would require agreement over the course of next year.
The Obama administration estimates that with no extensions, a total of six million people will run out of benefits over the course of next year.
But Mr. Trichet insisted that commercial activity was reviving in Europe, and would turn into a "broader and strong upswing in the course of next year".
"Looking ahead, this contribution from consumers is expected to wane over the course of next year due to a substantial rise in the rate of inflation".
But, he said, the management reorganization would only begin next January "and will happen progressively in the course of next year".
The long lead time of 18-24 months to recruit graduates means that trainee numbers will be broadly steady throughout the course of next year.
Similar(37)
In the course of yesterday [Aug.
And over the course of 2009, he talked it through.
More artists will be announced over the course of today.
I think that is likely over the course of this year".
* Westminster Abbey's bells will, between them, peal 5,000 times in the course of tomorrow morning.
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