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1/15/09

euronews: Euro hailed for stabilising role

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Euro hailed for stabilizing role

They have been celebrating the euro’s tenth anniversary at the European Parliament in Strasbourg where the single European currency was praised as a beacon of stability. European Central Bank President Jean-Claude Trichet said that having a common currency has helped in these times of financial turmoil: “I believe that we can be proud of the reaction of European authorities, parliaments, governments and central banks. Together we have shown that Europe is capable of taking decisions, even in the most difficult circumstances.”

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