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Europe Daily Bulletin No. 7791

4 September 2000
Contents Publication in full By article 23 / 40
GENERAL NEWS / (eu) eu/unions
Yes to fight inflation, but without compromising economic recovery, says ETUC

Brussels, 04/09/2000 (Agence Europe) - Commenting on the increase by the ECB of its interest rates by 0.25% (instead of 0.50% as expected by some analysts), the European Trade Union Confederation, while feeling that the European Central Bank must ensure the inflation remains below 2%, notes that, if we take into account the price of energy and foodstuffs, the rate of inflation is below 1.5%. The reason for the exceeding of the rate of 2% is neither the growth of wages nor the pressure of...

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ECONOMIC INTERPENETRATION
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