Monday, 07 May 2007

Sarkozy Told by Finance Chiefs, Central Bankers Not to Prod ECB on Growth

(Bloomberg) -- French President-elect Nicolas Sarkozy was warned by European finance ministers and central bankers that his plan to press the European Central Bank to focus more on bolstering growth would prove futile.

Sarkozy won the presidency of the euro area's second- largest economy after a campaign in which he attacked the ECB for restraining growth by concentrating on inflation and for hurting French exporters by encouraging gains in the euro.


Read more at Bloomberg Bonds News

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