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View Full Version : EU Officials Concerned About Risks of Pound Drop - Bloomberg



NewsWhore
02-25-2009, 04:50 AM
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EU Officials Concerned About Risks of Pound Drop (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3Da_YTLOsiNWMM%26refer%3Dhome&cid=1308072510&ei=8xSlSej5K43QM_TOiMgL&usg=AFQjCNFXiGX5amEJfytc2xNlOYjUhJnM9w)
Bloomberg
The currency’s weakness “is a source of concern for the euro area.” The report contradicts Prime Minister Gordon Brown’s argument on Feb. 13 that a weaker currency helps rather than hinders the economy. With the pound down 18 percent against the euro ...


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