Yesterday, I reported that the insider Philippa Malmgren was speculating that Germany is printing up marks to prepare for an exit from the euro.
Now, Bloomberg is reprorting:
French Finance Minister Francois Baroin and German Finance Minister Wolfgang Schaeuble will attend talks on currencies in Berlin on Oct. 6, the German government said today at a press conference.As Hans Palmstierna writes to me in an email:
The talks will also be attended by Christine Lagarde, managing director of the International Monetary Fund, European Central Bank President Jean-Claude Trichet, Chancellor Angela Merkel, World Bank President Robert Zoellick and Angel Gurria, secretary general of the Organization for Economic Cooperation and Development.
France+Germany+World Bank+IMF+OECD - what could they possibly have to discuss about currencies?
I thought there was only one currency in Europe these days. What's with the plural?