France and Germany are waging a joint attack on the value of the euro, which they see as too high, especially against the dollar.
French prime minister Jean-Pierre Raffarin yesterday called on the European Central Bank (ECB) to lower interest rates - which would weaken the euro - echoing a similar call two days ago by German Chancellor Gerhard Schröder.
Mr Raffarin said, "I share Chancellor Schröder's view on the reduction of interest rates. The euro-dollar exchange rate and the...
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