European companies are expressing alarm over the record high prices of both the euro and oil. Businesses are asking EU governments to make a stand and get the ECB to cut rates. Ernest-Antoine Seillière, President of BusinessEurope, which groups member states' industrial federations and represents 20 million European companies, spoke to EuroNews on the global financial crisis, the euro's export-denting strength, the real risk for the EU's economy and Europe's enviable but costly social umbrella.
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