Bbk Zeitler: Continue reforms to reverse weak euro

The euro's current weakness is "completely surmountable" if national governments in the 11-nation euro area continue to press ahead with structural reforms, Bundesbank council member Franz-Christoph Zeitler said Wednesday.

Zeitler, a close adviser of Bundesbank president Ernst Welteke, who in turn is a member of the European Central Bank's (ECB) policy-making governing council, said it was simplistic to attribute euro weakness merely to the existing growth gap between Europe and the US.


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