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Europe Daily Bulletin No. 9649

24 April 2008
Contents Publication in full By article 10 / 32
GENERAL NEWS / (eu) eu/economy
Juncker exasperated by sharp rise in value of euro

Brussels, 23/04/2008 (Agence Europe) - The continued rise in the value of the euro, which, on Tuesday 22 April, reached the historic peak of $1.60, is making the president of the Eurogroup very unhappy. “I don't like the way things are developing,” said Jean-Claude Juncker on Wednesday 23 April. Regretting that the recent G7 press release on exchange rates had not apparently been understood by the markets (see EUROPE 9642), he pointed out that, “It was not the intention of the G7 to...

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