	balladur insists on maintenance of louvre accords french finance minister edouard balladur issued a firm call for the continued faithful application of the louvre accords on currency stability by all major industrial countries balladur responding to weekend remarks by u s treasury secretary james baker that the u s would take another look at the accords said i firmly desire a faithfull and firm adherence by all the major industrial countries to the louvre accords in both their letter and spirit on sunday baker said last week s rise in short term west german interest rates was not in keeping with the accords the louvre accords agreed in paris last february called for stability among the major currencies after a prolonged dollar slide the accords were reaffirmed by the group of seven finance ministers in washington last month but baker said at the weekend that the west german rate rise was not in keeping with the spirit of what we agreed to what i m really saying is that they should not expect us to simply sit back here and accept increased tightening on their part on the assumption that somehow we are going to follow them he added reuter 
