
07-06-2008, 10:26 PM
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 | Gurú burbujista | | Fecha de Ingreso: Aug 2006
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Sarkozy questions if ECB rate increase was ‘reasonable’ Cita:
BLOOMBERG AND AFP, PARIS
Monday, Jul 07, 2008 
French President Nicolas Sarkozy recommenced his criticism of the European Central Bank (ECB) on Saturday, asking it was “reasonable”’ for it to have raised the region’s key interest rate this past week.
The ECB lifted its main interest rate on Thursday to a seven-year high of 4.25 percent in hope of putting a lid on record inflation, which has hit a 16 year high in the 15 nations that use the euro.
Sarkozy, who has repeatedly attacked the Frankfurt-based bank for focusing too much on inflation
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Sarkozy repeated his call for the G8 nations to increase its ranks to include China and India. He and other leaders from the group are scheduled to meet in this week for their annual summit, this year in Japan.
“It’s not reasonable to continue to meet as eight to solve the big questions of the world,” he said.
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