Bundesbank's Stark unconcerned about euro rise

In an interview Vice President of the Bundesbank Juergen Stark said the global economy was not heading towards a major crisis and pointed to the fact that a strong euro made imports - particularly oil - cheaper, stimulating the economy.

Source: Reuters

Bundesbank Vice President Juergen Stark said the global economy was not heading toward disaster and European companies were adequately managing the rise in the euro, according to an advance copy of a story to be published on Friday.

"The global ec

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