Italy industry urges EU, G8 and China forex action – Reuters India- About: Forex News

ROME, May 22 (Reuters) – The new head of Italian business lobby Confindustria said on Thursday that, with the strong euro hurting exporters, the European Union must convince the Group of Eight to speak out on exchange rates and involve China. Emma Marcegaglia, newly installed as the first woman head of the influential employers’ group, also said in a speech that a global economic slowdown had highlighted economic weaknesses in Italy, which needed “difficult and unpopular” reforms. More Asia Company and Markets News. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. read more

[Tags]news, reuters, business, , delayed, economic, forex news[/Tags]

Speak Your Mind

*