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Image header Agence Europe
Europe Daily Bulletin No. 7917
Contents Publication in full By article 34 / 51
GENERAL NEWS / (eu) eu/ecb

Wim Duisenberg justifies monetary rigour of ECB and criticises stability programmes

Brussels, 06/03/2001 (Agence Europe) - The President of the European Central Bank Wim Duisenberg stated on Monday, before the European Parliament's Economic and Monetary Affairs Committee, that the slowdown in growth in the United States will only have a limited impact on that of the Euro area, by justifying the ECB desire not to loosen its monetary policy, by leaving unchanged its reference rate at 4.75%. At the same time, Mr Duisenberg stated that the present uncertainties over world...

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