search query: @author Javetski, B. / total: 13
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| Author: | Javetski, B. |
| Title: | Will France torpedo the Euro? |
| Journal: | Business Week
1996 : DEC 23, VOL. 3491:821, p. 18-19 |
| Index terms: | ECONOMICS MONEY GERMANY |
| Language: | eng |
| Abstract: | Chirac has won concessions from Kohl that threaten to sink monetary union. A year ago ,French President Jaceus Chirac paid a less-than-cordial visit to German Chancellor Helmut Kohl in Bonn. Under pressure from special-interest groups at home, Chirac had been wavering in his commitment to the reforms needed to whip the French budget into shape for European Monetary Union, the Continent's highest economic priority. Kohl read Chirac the riot act, and voila! When Chirac flew back to Paris, he unveiled a radical change in policy, designed to meet German standards for budget-cutting and forging a single currency. |
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