dimanche 26 décembre 2010

France: the problem of the euro countries is the lack of rules of procedure




Paris, 26 December (EFE): said French Economy Minister Christine Lagarde said that the problem of the euro area does not lie in its currency, but the difference "excessive" among Member States, and the lack of rules of procedure.



According to Lagarde in an interview broadcast channel (Ieteli) television today that he was taking into account during the year that the problem is not the euro, which retained its value, but rather a "difference factor that has been tolerated far too within the region. "



For this reason, the French minister relied on "the need to develop a mechanism to assist and not for the solidarity with the struggling countries and be based on the principle of conditional aid so that every member of the reform of the shortcomings he has. "



Asked about the threat of war currency and how to face during the French presidency of the Group of Twenty, which began last month, Lagarde stressed "the need to not be vulnerable to manipulation of the euro between the Chinese yuan and U.S. dollar. " (EFE)

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