Oil prices threaten ECB's strategy

Article Abstract:

Rising oil prices have a bigger impact on the European economy than on the United States', and may interfere with the Central Bank's attempt to keep inflation below 2%.

European Union, Commodity & service prices, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum, Economic aspects, Prices and rates, Petroleum industry, Inflation (Finance), Petroleum

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Dollar's weakness raises concerns at G-8 summit

Article Abstract:

Officials from Japan and Europe raised concerns about the weakness of the US dollar at the Group of Eight industrialized nations summit in Evian, France. Officials fear that the dollar's weakness could hurt any global economic recovery.

Japan, Industrialized Countries, Conferences, meetings and seminars, Beliefs, opinions and attitudes, Dollar (United States), Industrial nations, Group of 8, Evian, France

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A guide to Europe's stability pact: amid a weak growth rate, the accord has evolved into a policy punching bag

Article Abstract:

The article provides information about the Stability and Growth Pact which governs Europe's common currency, the euro. A key issue the Pact attempts to address is national budget deficits, which have grown after a three-year economic slump.

Legal issues & crime, Government regulation (cont), Government regulation, Management dynamics, Legal/Government Regulation, Management, Laws, regulations and rules, Euro (Currency), Company business management, Budget deficits, Euro currency transition, European monetary union

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