Financial Times FT.com

Euro falls as markets assess size of rejection

By Ralph Atkins in Frankfurt and David Pilling in Tokyo

Published: May 30 2005 00:25 | Last updated: May 30 2005 03:34

The euro fell in early trading in Asia after the French referendum, amid worries about the effect on European Union economic policy of France's decision.

Luxembourg prime minister Jean-Claude Juncker, who chairs the 12-nation group of eurozone finance ministers, said after the result: “There is no reason to consider that the French ‘No' will produce a too huge impact on the European economy.”

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