Friday, July 6, 2007

UPDATE 2-EU's Almunia says worried about strong euro

(Reuters) - SANTANDER, Spain, July 6 - The potential effect of
euro strength on Europe's economy is worrying, European Union
Economic and Monetary Affairs Commissioner Joaquin Almunia said
on Friday, but added there had been no harm so far.




Exchange rates must remain flexible given the risk of a
strong euro, Almunia told reporters at a seminar in northern
Spain.


Read more at Reuters.com Bonds News

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