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Europe Daily Bulletin No. 7681

22 March 2000
Contents Publication in full By article 13 / 60
GENERAL NEWS / (eu) ep/euro
Duisenberg says extent and duration of the increase in oil prices were underestimated and that today's interest rates in the euro area will enable growth to continue - MEPs criticise ECB policy

Brussels, 21/03/2000 (Agence Europe) - The three interest rate increases in recent months show the Eurosystem's "determination to counter the emerging upside risks to price stability in a timely and pre-emptive manner", said on Monday afternoon the President of the European Central Bank Wim Duisenberg, as he discussed with members of the European Parliament Committee on Economic and Monetary Affairs the latest decisions to raise interest rates in the euro area -by 0.50% in November 1999 and...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION