SECRETARY-GENERAL WELCOMES INAUGURATION OF EURO
Press Release
SG/SM/6856
SECRETARY-GENERAL WELCOMES INAUGURATION OF EURO
19981231 By Contributing to Increased Prosperity in Europe, New Currency Can Provide Much-Needed Stimulus to World Economy, Kofi Annan StatesThe following statement was issued today by the Spokesman for Secretary- General Kofi Annan:
The Secretary-General welcomes the inauguration of the euro on 1 January 1999. He sees the euro not only as a contribution to the strengthening of European economic cooperation and integration but also as yet another building block in the solid foundation for peace and security in Europe which has been laid over the past 50 years. He is also confident that by contributing to increased prosperity in Europe, the new currency can simultaneously provide a much needed stimulus to the world economy at large.
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