EU's Barroso notes concern over euro's strength

Jose Manuel Barroso, the president of the European Commission, has acknowledged that the euro is now worryingly strong.

Barroso told reporters on Tuesday 4 March that the recent appreciation of the single currency was "a matter of concern in some sectors of our economy."

The euro, now at a record high against the greenback, is worth $1.5285, up 4.8% since the start of the year.

"The real question to consider is whether one should think about intervention," said Daniel Gros, the director of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.