Geneva, 24/02/2004 (Agence Europe) - In its annual report, "Economic Study of Europe", the Economic Commission of the United Nations for Europe (EC-UN) expresses its concern about the probable suffocating effect on the increasing economic recovery in Europe, provoked by the depreciation of the dollar.
"Given the strong rise in the Euro, which has little chance of changing in 2004, a reduction in interest rates appears today to be necessary in order to avoid a more restricted monetary...