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To: Zardoz who wrote (22269)	10/26/1998 10:49:00 AM
From: Alex	Respond to of 116958

'In a shift from previous priorities, the leaders of the 15 European Union states, meeting in Austria at the weekend, agreed that inflation was now a lesser threat than recession, and began drawing up plans to boost economic activity. At a separate meeting the 11 centre-left leaders among them also agreed that there was a need for lower interest rates in Europe and that there should be a "dialogue" between governments and their central banks, which could be on a collision course.' smh.com.au