ECB president wants better use of pact

European Central Bank President Jean-Claude Trichet said the European Stability and Growth pact should be applied better, but not changed, despite the danger of several euro zone members breaching the 3% of GDP limit for their budget deficit.

Speaking in Washington, where he is attending a G7 meeting, Trichet said it would be wrong to regard the pact as dead, and wrong to re-word it.