Solbes warns on rising euro danger

European Economic and Monetary Affairs Commissioner Pedro Solbes said Friday that the continued appreciation of the euro could affect business confidence in the eurozone.

Solbes told a conference in Madrid, "The strong appreciation of the euro, if it continues, could entail a decline in the confidence of company bosses and reduce the competitiveness" of the eurozone.

He added "As exports have until now helped boost growth, it will be crucial that domestic demand become the growth engine".

Solbes

To continue reading...

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 indvidual account here: