Latest update: 24/05/2010 

- Economic crisis - euro - Stock Exchange


The state of the euro (part 2)

Let's set up this debate with two contrasting statements. First: Angela Merkel, the German Chancellor, who says "Leading nations should act together and show a signal of strength by tightening financial rules, the euro is in danger without strong action". And now the French Finance Minister Christine Lagarde, who says: "The euro is a solid and credible currency. I do not think it is in trouble." On Friday 21, an economic task force set up by EU president Herman Van Rompuy will meet in Brussels.

 

A debate with Mark Owen and guests:
 
Sofiane ABOURA, Professor of Finance at Paris Dauphine University
Moncef CHEIKH-ROUHOU, Professor of International Finance, HEC, INSEAD
Vanessa ROSSI, Senior Research Fellow in International Economics for Chatham House (via satellite from London, UK)
 
 
Programme prepared by Bilal Tarabey and Perrine Desplats

 


Comments (1)

euro

I agree with Lagarde - in my opinion Euro would remain stable currency. The market in EU is flexible and well tested with regards to interaction between different type of buisnesses and tradings. Also banking system in Swizerald, France, Germany is interactive and flexible too and that is enough for the succesefull exchange of financial "flows".

Maria Kuznetsova

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