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Europe Daily Bulletin No. 9171

11 April 2006
Contents Publication in full By article 20 / 41
GENERAL NEWS / (eu) eu/ecofin/asem
Call for greater “flexibility” in valuation of yuan - economy holding up well despite global risks - pressure on Myanmar

Vienna, 10/04/2006 (Agence Europe) - On 9 April, Karl-Heinz Grasser, Chairman of the Ecofin Council said at the end of a meeting of Finance Ministers of the Asia-Europe Meeting (ASEM), “A lot of European governments and the United States expect to see greater flexibility in some Asian currencies”. He felt that “greater flexibility for the (Chinese) yuan could be a good thing” to help reduce world imbalances. Haruhiko Kuroda, President of the Asian Development Bank, noted that there...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT