Word: eurogroup
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...primarily by the French, American willingness to allow the dollar to slip, which makes U.S. exports cheaper compared to foreign rivals, is now being denounced by a growing number of E.U. officials. Responding to the widening exchange rate gap from Luxembourg on Monday, Jean-Claude Junker - head of the Eurogroup of 13 nations who share the euro as their currency - complained about American indifference to dollar's slide...
...sounded the alarm at the risk of irritating" more relaxed euro partners. She applauded signs that they had become "worried about the euro's level, and voiced their wishes to see concerted action" in response. Before the G-7 summit opens, Lagarde said she hoped to see "the entire Eurogroup adopt France's position...
...disease, while more deadly, were also more easily contained on local farms. But the liberalization of the European food market means that contaminated products can pass uninspected across E.U. borders. "There's much more movement than there used to be," says David Wilkins, executive director of Brussels' Eurogroup for Animal Welfare. Some critics say E.U. regulations aimed at increasing food safety have also heightened the danger of large-scale epidemics. Health rules put in place to prevent outbreaks like bse have reduced the number of abattoirs in Britain from 1,000 to 387 since the mid-'80s, which means animals...
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