CRI Home - Photo- Forums - Talk China - Surf China - About China -  
  Webcast | CRI Today | China | World | Biz | SciTech | Sports | Life | Showbiz | Easy FM | Learn Chinese / English | Weather | Events
 
 
 
 
Euro Abandonment 'Inconceivable': EU president
2005-6-8 12:37:39      CRIENGLISH.com
Doubts over the euro emerged following the "no" votes over the constitution.
"we will not listen to such a silly suggestion."

Luxembourg's prime minister is dismissing any possibility that individual countries might abandon the euro after Italian ministers called for a return to the lira.

On the second day of EU finance ministers' talks in Luxembourg, Jean-Claude Juncker said it's inconceivable that a country could dropout of the euro.

"What I want to tell you here is that we will not listen to such a silly suggestion."

Doubts over the euro have emerged following the "no" votes in referendums over the European constitution in France and the Netherlands and Britain's decision to postpone the referendum.

Some Italian government ministers have publicly called for a return of the lira. They are criticising the European Central Bank's one-size-fits-all interest rate policy and blaming the euro for higher prices.

        Talk China        Print        Email        Recommend
 
Related Stories:
v Euro-Zone Finance Ministers to Boost Support for Euro 06-07
v Speculation about Collapse of the Euro 06-06
v EU Must Avoid Ideological Rift after No's - Barroso 06-04
v Euro Falls Sharply After Dutch Vote 06-02

  Copyright of crienglish.com. All rights reserved.

Reproduction of text for non-commercial purposes is permitted provided that both the source and author are acknowledged and a notifying email is sent to us.
 
 

 
postalChina Post is progressing with its scheme to merge its two sub-businesses.
textilePeter Mandelson said he would hold talks with Bo Xilai this week.
YahooChinese e-commerce operator Alibaba.com is in the late stages of talks to sell a 35 percent stake to Yahoo Inc.
BOC IPO Could Take Place in 2005
China, Hong Kong, Japan, and Aussie Market Roundup 
CNOOC's Market Value Up By $7b
Producer Price Index Rises
Lenovo Profit Up 6% After IBM PC Buy
Power Supply Sees Robust Growth
HK Urges Manufacturers to Go "Green"
Major HK Banks's Interest Rate Hike
China Mobile First-Half Profit Rises