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Europe Daily Bulletin No. 9025

13 September 2005
GENERAL NEWS / (eu) eu/ecofin
Ministers call on producing countries and oil companies to act to meet demand and to fight hikes in oil prices - Against overly “individualist” actions on part of Member States

Manchester, 12/09/2005 (Agence Europe) - With the professional categories hit by the hike in oil prices bringing the pressure to bear on the governments of the Member States to take action, the declaration adopted at the informal meeting in Manchester by the finance ministers of the 25, and the declaration of the Eurogroup, mentioned only non-fiscal measures, which will not cause competition distortions (see EUROPE 9024). In their declaration, which was adopted on Saturday, the ministers...

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