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Saturday, March 15, 2008
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EU leaders issue rare euro rate warning
Summary from multiple countries, from articles in English
The warning came as the economic downturn focused European leaders on the impact on industry of their groundbreaking agreement last year to cut carbon emissions by 20 percent from 1990 levels by 2020. (article 2) Brussels EU leaders clashed last night over how to cut greenhouse gases a year after making climate change their top priority with a series of tough targets. (article 7) The leaders also moved to reassure investors and businesses that Europe's economy can weather the financial storm, adding that the bloc's euro currency can withstand " undesirable volatility and disorderly movements of exchange rates. (article 5) Slovene Prime Minister Janez Jansa told reporters after the two-day summit that EU leaders agreed to a climate change timetable to ensure the EU stakes out a leadership role in international climate change talks. (article 5) Slovenia's PM, who is chairing the summit, said the leaders had approved a timetable to implement an agreed 20% cut by 2020, compared with 1990 levels. (article 3) The statement, released as the euro touched yet another record high against the dollar of $1.5651, was unusual for an EU summit, where heads of state and government normally steer clear of direct comment on exchange rates. (article 1)

Other summaries about this story:
  • Summary from United States, from articles in English (9 articles) [compare]
  • Summary from the United Kingdom, from articles in English (5 articles) [compare]

  • Event tracking:
  • Track this story's development in time

  • Story keywords
    EU, European, Leaders, Brussels, summit

    Source articles
    1. EU leaders issue rare euro rate warning (ft.com, 03/14/2008, 443 words)
    2. EU Warns US, China on Climate Change (Washington Post, 03/14/2008, 388 words)
    3. EU set to agree emission cut plan (BBC News, 03/14/2008, 285 words)
    4. EU’s move on emissions targets (ft.com, 03/13/2008, 546 words)
    5. EU commits to new year-end climate change deadline (USA Today, 03/14/2008, 300 words)
    6. EU agrees climate plan deadline (BBC News, 03/14/2008, 303 words)
    7. EU signals retreat over green pledges (timesonline.co.uk, 03/14/2008, 594 words)
    8. EU urged to cut 'green' goods tax (BBC News, 03/12/2008, 268 words)
    9. EU welcomes sovereign wealth funds (ft.com, 03/14/2008, 398 words)
    10. Brussels seeks greater power in foreign deals (ft.com, 03/12/2008, 387 words)
    11. Brussels and US pledge visa-free travel (ft.com, 03/14/2008, 386 words)
    12. EU-US agree on visa waiver talks (BBC News, 03/13/2008, 239 words)
    13. Med Union blueprint avoids key questions (ft.com, 03/12/2008, 555 words)
    14. EU opens door to Croatia membership (ft.com, 03/13/2008, 397 words)




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