'Strong euro won't harm EU growth'

European Central Bank President Wim Duisenberg said Thursday that the recent strong rise in the euro should not hit the competitiveness of goods made in the 12-country euro zone, nor harm the outlook for growth in the region.

Duisenberg told a news conference here that the ECB was not perturbed by the single currency's newfound strength.

"So far it's not a danger. It's not a matter of concern for us," he said.

Indeed, over time, a stronger euro would help to keep inflation down, since it woul

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: