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Strong euro does not help economy -Hungary finmin

Tibor Draskovics, finance minister of Hungary, on Tuesday said the strong euro was not helping Europe's economy, including the Hungarian.



"The very strong euro is not in favour of the European economy, including Hungary," Draskovics told reporters as he arrived for a meeting of 25 European Union finance ministers.

Danish Finance Minister Thor Pedersen also voiced his concern over the euro's exchange rate.

"I look forward to seeing the dollar a little stronger. It helps us all," he said.

Source: Reuters




16.11.2004

 
 

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