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Technology Stocks : EURODOLLAR - SOFTWARE GOLDMINE

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To: Sergio H who wrote ()	5/3/1998 2:19:00 PM
From: Chartgod	Read Replies (1) of 124

Thought I'd pass along this 'tidbit' of news to the thread: Dispute Overshadows Euro Launch BRUSSELS (Reuters) - European Union leaders have chosen Dutchman Wim Duisenberg to head the central bank that will manage their single currency. But under pressure from France, EU leaders agreed that Duisenberg, currently head of the European Monetary Institute, will not serve a full eight-year term as president of the European Central Bank. He will step down once the euro replaces national currencies in the 11 founder states in 2002. French central bank governor Jean-Claude Trichet will succeed him. Economists scorned the political compromise, saying it would undermine the credibility of the fledgling currency to be launched next January. jim

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