1. Domingo Cavallo, the former economy minister whose stability program rescued Argentina from decades of economic stagnation, started a centrist opposition party. 2. Fernandez said he is confident the stability program will be successful. 3. His departure would probably prompt investors to move money out of the country, endangering the fixed exchange rate system which is the cornerstone of the stability program. 4. Early Thursday, Turkey was forced to abandon exchange rate controls, a pillar of its IMF-backed stability program, and float its currency. 5. EU leaders agree on German to run Balkan stability program. 6. The Alliance for Change coordinator, Vladan Batic, said the country urgently needs to become eligible for foreign assistance, primarily from Balkan stability pact programs. 7. The stability programs will be presented to EU finance ministers when they meet in Brussels Monday. |