Euro's strength clouds finance ministers meeting
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French Finance Minister Thierry Breton delivers a speech in Paris. The euro's current strength has cast clouds over the economic outlook for the 12-nation eurozone ahead of a meeting of the bloc's finance ...Comment
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FRANKFURT Lack of fiscal discipline among some of the largest countries that use the euro is weakening the political will of new European Union member countries striving to join the euro club to keep their deficits in check, the European Central Bank said
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The euro fell from record highs against the yen and dollar as European leaders expressed concern their currency s strength will stifle economic growth.
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BRUSSELS  - Eurozone finance ministers were to focus at a meeting on the rise of the single currency to record levels against the dollar, with swelling deficits also set to share the limelight.
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NEW YORK The dollar firmed against the euro on Tuesday, finding support from a growing chorus of European officials expressing concerns over the rapid ascent of their currency.
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BRUSSELS  - European Union finance ministers pressed for action by the United States to prop up the dollar as eurozone nations expressed their deep disquiet at the parlous state of America&#39;s national finances.
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"Growth is robust and the economy is strong, therefore we can deal with it"  The head of the Euro Group of finance ministers said Friday that the European Union's banking system is strong enough to ride out the global liquidity crisis sparked by the collapse of the U.S. subprime mortgage market.Speaking before a meeting of euro-zone finance ministers, Luxembourg Prime Minister Jean-Claude Juncker said the subprime crisis should have only a modest impact on the EU economy.'I do think the European banking system is robust enough to resist' the liquidity squeeze, he said. 'The impact will not be a huge one.' Read more
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Eurozone finance ministers were to focus at a meeting on the rise of the single currency to record levels against the dollar, with swelling deficits also set to share the limelight.
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European finance ministers clashed over German Chancellor Gerhard Schroeder s plea for looser budget rules, with Austria and the Netherlands warning that wider deficits would push up inflation and interest ...
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The euro advanced against most  currencies on Thursday after investors interpreted remarks from  the head of the European Central Bank as signaling a rise in  benchmark interest rates in March.
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Europe&#39;s financial policy makers issued their strongest warnings yet about the dangers of a swooning dollar, and the dollar promptly sank to a new low against the euro.
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Finance ministers from Britain, Germany, France and Italy are meeting later Thursday in Paris to agree on a common European strategy to confront turbulence on the financial markets.
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European Union officials kept up pressure Tuesday on the United States to curb its deficits to help bolster the sagging dollar amid fears a strengthening euro would stifle Europe's fledgling economic recovery.
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European Union finance ministers expecting a smooth return from summer break were likely to be disappointed Friday as they gathered for a two-day session covering hot-button issues of taxes, budgets and deficit rules.
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The euro hovered near two-month highs on  Friday as key U.S. data loomed and as traders awaited a Group  of Seven meeting of finance ministers, while oil-fired  inflation fears lifted gold close to a 5-1/2 month high.
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The global economy is healthy and no major financial crises loom. Yet finance ministers meeting this week must confront uncertainties about the fight against terrorism, rising interest rates and volatile oil prices.
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The euro zone  economy could slow more than previously forecast, a policymaker  said on Saturday, as other EU leaders voiced worries about the  weak U.S. economy and the strong euro currency.