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Europe Daily Bulletin No. 8117

20 December 2001
Contents Publication in full By article 27 / 47
GENERAL NEWS / (eu) ep/ecb
Duisenberg tells Parliament that current interest rates are "appropriate" - Euro notes should not be distributed before 1 January - Stability Pact should be respected

Brussels, 19/12/2001 (Agence Europe) - A rather confident Wim Duisenberg addressed the European Parliament's Economic and Monetary Committee on Tuesday afternoon, Chaired by Philippe Herzog (United Left, France). The President of the European Central Bank declared that real growth would probably remain weak in the Euro-zone at the beginning of 2002 but that, "the conditions were in place" for an improvement during the course of next year. He resisted appeals for lowering interest rates and...

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THE DAY IN POLITICS
GENERAL NEWS