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At the time of the introduction of the euro, the Dutch Guilder had been undervalued by 5 to 10 percent (Photo: EUobserver)

Euro row boosts Dutch No camp

A fresh row over the euro looks set to boost the eurosceptic climate in the Netherlands, where further polls have indicated a majority for a "no" in the upcoming referendum on the EU constitution.

The row erupted on 30 April, when the director of the Dutch National Bank revealed to Amsterdam newspaper Het Parool that at the time of the introduction of the euro, the Dutch Guilder had been undervalued by 5 to 10 percent.

Dutch Finance Minister Gerrit Zalm admitted last week that thi...

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At the time of the introduction of the euro, the Dutch Guilder had been undervalued by 5 to 10 percent (Photo: EUobserver)

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