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Europe Daily Bulletin No. 9754

4 October 2008
GENERAL NEWS / (eu) eu/ecofin
Finance ministers prepare their contribution to European Council on EU's response to high oil prices

Brussels, 03/10/2008 (Agence Europe) - On Tuesday 7 October 2008, EU finance ministers will discuss the situation on the oil market and short and medium-term measures to limit the impact of high crude oil prices. The French Presidency of the EU will be submitting a report to the meeting ahead of the 15/16 October European Council, looking at political responses to oil price volatility.

The price of oil will remain high in the medium to long-term due to high demand from emerging economies...

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