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Gold/Mining/Energy : Euro Impact on Gold, USD ...

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To: banco$ who wrote (59)11/21/1998 11:33:00 AM
From: banco$  Read Replies (3) of 289
 
Greenspan Ties Euro Success To Bank:

biz.yahoo.com

Pointing to the German mark, Federal Reserve Chairman Alan Greenspan said its strength was based on the reputation of Germany's central bank, the Bundesbank.

''If the European Central Bank fails to inherit the reputation'' of the Bundesbank, then the euro could be ''undercut,'' Greenspan said via a video link from Washington to a banking conference in Frankfurt.

But he also said ''I have considerable confidence that the advent of the euro will be a successful one.''
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