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Europe Daily Bulletin No. 7982

13 June 2001
Contents Publication in full By article 26 / 45
GENERAL NEWS / (eu) eu/euro
FBE predicts return to euro's parity with dollar and risk of inflation on changeover to single currency

Brussels, 12/06/2001 (Agence Europe) - Economists at the European Banking Federation (FBE) predict that the introduction of coins and banknotes in euros should strengthen confidence in the single currency and return it to a parity close to the dollar, but warn that the operation could lead to an inflationist thrust. They also expect a rise in growth of 1% between the end of 2001 and the first quarter of 2002. In a letter published on Monday, the experts consider that the euro should close...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION