Brussels, 28/12/2000 (Agence Europe) - The EU Banking Federation had published, on 11 December, the results of an inquiry carried out with the members of its Economic and Monetary Affairs Committee (EMAC), announcing that:
- the one-way downward pressure on the euro had ceased;
- by the end of 2001, the European single currency should be almost at parity with the US dollar.
Facts confirmed these forecasts in the weeks that followed. It is known that the current level of the euro is around...