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Europe Daily Bulletin No. 9513

2 October 2007
Contents Publication in full By article 25 / 35
GENERAL NEWS / (eu) eu/economy
Joaquin Almunia says Europe will not remain passive faced with monetary imbalances

Brussels, 01/10/2007 (Agence Europe) - In an interview published in the French daily, Le Figaro, on 28 September, Joaquin Almunia affirmed that Europe would not remain passive faced with excessive currency volatility. Questioned about France's ability to balance the budget by 2010, the European commissioner for economic and monetary affairs asserted that he did not have any doubts about the country's desire to reach this goal and at this stage ruled out “the use of any specific...

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