Financial Times FT.com

EU 'must address stability' of new members

By Tony Barber in Brussels

Published: February 28 2009 02:00 | Last updated: February 28 2009 02:00

Fears of financial instability in central and eastern Europe and economic nationalism in the west are expected to dominate a -summit of European Union leaders tomorrow.

Angela Merkel, Germany's chancellor, is urging the EU's former communist countries to speak frankly about the risks posed to their financial systems by falling exchange rates, over-borrowing in foreign currencies and large current account deficits.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this