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EU finance chiefs tackle banking crisis
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Posted on
Apr 04 2008 1:18 AM
by
adeal
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European Union finance ministers hold two-day talks in Slovenia starting Friday to address the growing economic troubles amid record-high inflation, a soaring currency and a souring U.S. economy. Finance ministers and central bankers from the EU's 27 nations will spend Friday and Saturday in Brdo pri Kranju, Slovenia, trying to forge a joint response to the sudden clouds that have dampened the recent European growth spurt. The smaller group of 15 countries that share the euro will meet separately Friday to discuss the strength of their currency — hovering near an all-time high against the U.S. dollar that damages euro exports to the U.S. such as German cars and French luxury goods.
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