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Europe Daily Bulletin No. 9557

5 December 2007
Contents Publication in full By article 15 / 37
GENERAL NEWS / (eu) eu/euro
Cypriot finance minister considers changing over to single currency will not entail serious risk of inflation

Brussels, 04/12/2007 (Agence Europe) - “I don't expect serious inflationary pressures” when changing over to the euro, the finance minister of Cyprus, Michalis Sarris, told journalists on Monday 3 December. Welcoming the mechanism set in place in his country, Mr Sarris said the conditions are now in place in Cyprus for a successful changeover and that the country is now on its way to improving its public finance. At the beginning of the year and tending to err on the side of caution, the...

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