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Europe Daily Bulletin No. 7778

12 August 2000
GENERAL NEWS / (eu) euro/japan/united kingdom

11/08/2000 (Agence Europe) - Toyota called on a small number of its British suppliers to invoice their new services in Euros, so as to "reduce costs there where it is possible" (by carrying out transactions in Euro, the Japanese manufacturers is putting the burden of exchange - appreciation of the Pound compared to the Euro - onto the shoulders of the British sub-contractors). The British Conservatives, through John Redwood, quoted by the "Guardian" accuses the government of getting Toyota...