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Europe Daily Bulletin No. 10252

9 November 2010
Contents Publication in full By article 15 / 43
GENERAL NEWS / (eu) eu/united states
EU agriculture disadvantaged by monetary imbalances

Brussels, 08/11/2010 (Agence Europe) - Monetary and exchange-rate imbalances are jeopardising European agriculture. A study carried out by the think-tank momagri©, which will be published this Tuesday 9 November , shows that the under-evaluation of the dollar compared to the euro gives American agriculture a competitive advantage which has been put at $14.4 billion in 2009, which equates to 50 Airbus A380s. This comes at a time when the “currency war” could end up dominating the G20...

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