| Communiqué de l'Eurogroupe (Versailles, 8 septembre 2000) | ||
Les ministres de la zone euro, le commissaire et le président de la Banque centrale européenne ont discuté des perspectives économiques de la zone euro à la lumière de la hausse des prix du pétrole et des évolutions récentes des marchés financiers. |
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The Euro area Ministers, the Commissioner and the President of the ECB have discussed economic prospects of the Euro area in light of the higher oil prices and recent financial market developments. They share the view that growth remains very robust in the Euro area. The fiscal consolidation and the reform effort, especially in the tax field, are well under way. Ministers stress their determination to speed up this process and to promote the necessary structural reforms in view to increase the growth potential of the Euro area. The ECB is committed to ensure that current growth will remain non-inflationary. The Eurogroup and the ECB reiterate their common concern that the current level of the euro does not reflect the strong economic fundamentals of the Euro area. They agree to follow closely the situation. A strong euro is in the interest of the Euro area. |