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BRITISH, FRENCH MINISTERS DISCUSS PUBLIC SPENDING
French Finance Minister Edouard Balladur
discussed the need to control public spending in talks here
today with British Chancellor of the Exchequer Nigel Lawson, a
Treasury spokesman said.
The spokesman said the ministers reviewed their economies,
and public spending, domestic and European Community-wide.
He declined to comment on whether the subject of concerted
action to shore up the dollar had arisen. The U.S. Currency
dipped sharply earlier this week after a month of relative
stability after an agreement by six major industrialised
nations in Paris on February 22 to stabilise their currencies.
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