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Europe Daily Bulletin No. 8030

22 August 2001
Contents Publication in full By article 18 / 22
GENERAL NEWS / (eu) eu/economy
EUROFRAME group predicts euro will rise to $1.06 end 2002

Brussels, 21/08/2001 (Agence Europe) - In a working document published by the Directorate General for Studies at the European Parliament on the economic situation in the European Union and prospects for 2000-2001, the EUROFRAME Group predicts that the rate of the euro will rise to $1.06 by the end of 2002. If the rate does not rise within this time, there is a "real danger that the rate of inflation will be clearly higher than forecast, exceeding the ceiling" fixed by the European Central...

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