Euro down over 1% due to French referendum

thecheers.org    2005-05-31 08:18:01    


The euro fell more than 1% after the disclosure of the results of the French Referendum on Sunday. Simply put - French said NO to European Union constitution.

The reason for NO was the fact that the constitution could limit social protection.

For the EU constitution to take effect it needs all 25 member countries to say YES. However, that won't happen anymore. And no one knows where and how things will go from now.

At least one thing is sure - the Euro was brought down to its lowest level in 7 months. This should show at least something.


TAGS: Football   


more
Wasteful Derby beaten again

Derby County missed a penalty while 1-0 up before going down 2-1 to Blackburn Rovers Sunday.

Tributes flood in for O'Donnell

The family of Phil O'Donnell have been "overwhelmed" by the messages of support they have received, the Motherwell manager Mark McGhee revealed Sunday.

Now, Ronaldo wants to buy an 800,000-pound Bugatti
27.Dec 2007
Manchester United and Portuguese forward Cristiano Rona...read

Becks admits to being starstruck occasionally
26.Dec 2007
Former England soccer captain David Beckham has admitte...read

Coach Fergusson bans ManUnited players from partying
26.Dec 2007
Manchester United coach Alex Fergusson has banned his p...read



Maradona gives autographed T-shirt to Iran

Becks' son has his dad's soccer genes

Furious ManU WAGS plot to make their partners pay for their Xmas bash

UK police say Man Utd footballer Jonny Evans may be innocent.

Winning penalty against Argentina, Becks' best and biggest thing' of career