The European single currency shot to an all-time high of 1.3879 dollars Wednesday on fears of a recession in the United States and the prospect of lower interest rates in the world's biggest economy.
Cartoon by the French cartoonist Plantu, from March 1979, showing the new ECU as a guide and lifeboat for the nine participating countries (Source: Plantu. Le douanier se fait la malle, 20 ans de ...
From 2nd left to 2nd right: Mr Jacques DELORS, President of the European Commission; Mr Helmut KOHL, German Federal Chancellor; Mr Hans Dietrich GENSCHER, German Federal Minister for Foreign Affairs.
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