Economic and Financial Affairs Council: extracts from the Joint Press conference by Andrej Bajuk, Slovenian Minister for Finance and President in office of the Council, and Joaquín Almunia
Following the Economic and Financial Affairs Council, Joaquín Almunia, Member of the EC in charge of Economic and Monetary Affairs, and Andrej Bajuk, Slovenian Minister for Finance and President in Office of the Council, gave a joint press conference.
They talked about the US recession and said that EU was not facing similar problems. The rumour that the world's main central banks were about to announce a coordinated cut in interest rates is unfounded. SHOTLIST