PREVIEW

... lementation of future economic policies.

  Desperate to make room for Britain to cut interest rates, Britain's chancellor of the exchequer, Norman Lamont, has frequently asked Germany to ease its monetary policy, as have his counterparts in Italy and France. At the meeting, Lamont slapped the president of the German Bundesbank, Helmut Schlesinger, on the table and shouted: "The finance ministers of twelve countries are asking you to lower the interest rate. Why don't you lower it?" ?”

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