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Eurogroup did not discuss fx intervenion-Greece

Tue Mar 4, 2008 3:33am EST
 
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BRUSSELS, March 4 (Reuters) - Euro zone finance ministers and the European Central Bank did not discuss a currency market intervention at their meeting on Monday, Greek Finance Minister George Alogoskoufis said on Tuesday.

He noted however, that the ministers and the ECB, who met in the so-called Eurogroup, have become more concerned about exchange rate developments with euro at new highs against the dollar on Monday.

Asked if there was a discussion of a currency market intervention, Alogoskoufis told reporters: "No, no, there was no discussion of that." (Reporting by Jan Strupczewski, editing by Paul Taylor)

 

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