ECB President: There is no crisis of the euro
Euro currency should be able to maintain power amid the global market continues to consider interest rates, hikes stake to U.S., European economic development that can provide many advantages from the development of stock and also jump in the U.S. economy that had long been falling. This indicates that the Euro should be able to sustain the positive side when the market prefers a steady eye. CNN make sure this news:
Mr Trichet admitted a common ministry of finance would require “a very important change of the [EU] treaty, and will have consequences in all the union’s responsibilities”.
ECB President explains taken at the present time Europe did not experience persemakmurannya currency constraints, it was even more to make Europe believe that they can bring a positive incentive for market participants and also ketenganan that the Euro will become the worst currency until the end of the semester this year.
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