NO RESPONSE FROM UNITED STATES ON EXTERNAL REPRESENTATION OF THE EURO.

Visiting Washington on December 4, Germany's Finance Minister Oskar Lafontaine indicated that the United States has still to respond to the EU's submission on the representation of Euro zone countries on international bodies. EU Ministers reached an agreement on December 1 whereby the President of the Euro-11 Council (the informal body bringing together countries participating in the single currency) would be authorised to speak on behalf of the Euro zone within the G-7 (Group of Seven most...