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Image header Agence Europe
Europe Daily Bulletin No. 8424
Contents Publication in full By article 11 / 35
GENERAL NEWS / (eu) eu/ecofin

Christodoulakis wants Member States to refrain from unilateral action to counter impact of war on Iraq

Brussels, 19/03/2003 (Agence Europe) - Speaking before the ECOFIN Council on Wednesday, the President of the ECOFIN Council, Nikos Christodoulakis said any reaction to the economic impact of a war on Iraq should be decided at EU level: "All reaction that might be considered as necessary should be in absolute coordination between Member States". HE went on express reservations about specific measures some Member States might take to cut the cost of oil for consumers. The Greek finance minister said the looming war on Iraq and geopolitical uncertainties made it more necessary than ever that EU states give strong and credible signals that they were committed to tackling economic reforms to make the bloc's economy grow.

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