ECB says euro rise not a threat to growth

ECB governing council member Matti Vanhala said Thursday that the euro's strength was not "a significant hindrance" to eurozone growth and the dollar's weakness would help to "fix global imbalances". Bundesbank president Ernst Welteke said the euro-dollar rate was "more or less in line with its long-term average".

Source: Financial Times

The European Central Bank signalled yesterday it was preparing to ride out a further rise in the euro, despite fears the strengthening single currency could

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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

If you already have an account, please sign in here.

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