Spoedoverleg Ministers van Financien Eurozone

[Ger]

REPLY TO: D66 at nic.surfnet.nl

hahha, ze hebben het ook over de overschreiding van Italie van de 3%. Zouden
ze die wel beboeten, en Duitsland en Frankrijk niet?

Ger

----- Original Message -----
From: "Karst de Jong" <karstdejong at yahoo.co.uk>
To: <D66 at nic.surfnet.nl>
Sent: Tuesday, June 07, 2005 5:02 PM
Subject: Re: Spoedoverleg Ministers van Financien Eurozone


> REPLY TO: D66 at nic.surfnet.nl
>
> Zeg,
>
> Meer gepamfleteer door Dr. Fluks. Dus we doen mee:
>
>
> Europe urged to welcome weak euro
> Euros
> A weak euro could make life easier for Europe's
> exporters
> The current weak euro is good news for Europe as it
> helps its exporters, says the International Monetary
> Fund (IMF).
>
> The comments came from Michael Deppler, director of
> the IMF's European department, as the euro remained
> near eight-month lows against the dollar.
>
> While the euro stayed at about the $1.23 level on
> Tuesday, Mr Deppler said somewhere between $1.20 and
> $1.30 was "about right" for the currency.
>
> The euro has fallen amid political and economic
> uncertainty in Europe.
>
> 'Uncertain outlook'
>
> Mr Deppler added that he thought the eurozone's
> current level of interest rates, 2%, was fine for the
> moment, but it might be necessary to cut rates if
> Europe's economy fails to pick up in the third quarter
> of this year.
>
>
> We will continue to look very carefully at all the
> data that we will have, but I am not preparing for a
> rate cut
> ECB boss Jean-Claude Trichet
>
> His comments echoed an earlier statement on the IMF's
> website.
>
> "Given the outlook for prices and the uncertain
> situation, keeping [eurozone] interest rates on hold
> is appropriate, but the need for a rate cut may be
> materialising," the IMF said.
>
> Mr Deppler also cautioned that the euro could rise if
> and when the US sought to lower the value of the
> dollar to aid the reduction of America's trade
> deficit.
>
> Euro pressures
>
> The euro's recent weakness followed France and the
> Netherlands' "No" votes on the European Constitution.
>
> Monday's suggestion from Italian ministers that Italy
> might abandon the euro also hit the single currency.
>
> However, eurozone finance ministers were quick to
> dismiss the idea, rejecting it as "absurd".
>
> New French foreign minister Philippe Douste-Blazy said
> the euro was "a plus for European economies".
>
> The euro was further hit by hints from ECB chief
> economist Otmar Issing that an interest rate cut was a
> distinct possibility to help boost the sluggish
> eurozone economies.
>
> Yet this was quickly rejected by the ECB's president
> Jean-Claude Trichet, who said the bank had no current
> plans to cut eurozone interest rates from their
> current 2%.
>
> "We will continue to look very carefully at all the
> data that we will have, but I am not preparing for a
> rate cut," said Mr Trichet.
>
> http://news.bbc.co.uk/1/hi/business/4616241.stm
>
>
> --- "Dr. Marc-Alexander Fluks" <fluks at dds.nl> wrote:
>
> > REPLY TO: D66 at nic.surfnet.nl
> >
> > Zie:
> >
> >
>
http://edition.cnn.com/2005/WORLD/europe/06/07/eu.main/index.html?section=cn
n_latest
>
>
>
>
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