European Union finance ministers met Monday, energy prices were a hot topic ...Middle East

During an informal dinner, the 27 finance ministers also agreed that fostering deeper economic ties between the EU and the U.S. would be mutually beneficial, diplomats familiar with the discussions reported.

Reducing energy prices was therefore seen as critical for ensuring Europe's global competitiveness, diplomats said.

"Most ministers agreed that deeper energy market integration would be advantageous," an EU diplomat stated.

This article was written by Eamonn Sheridan at www.forexlive.com.

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