Juncker says EU to press China on peg

European finance ministers are set to appeal to China at this week's Group of Seven meeting to allow its currency to appreciate, according to Luxembourg Prime and Finance Minister Jean-Claude Juncker.

Foreign-exchange volatility ``is not healthy,'' Juncker told reporters after chairing a meeting of European ministers tonight in Luxembourg. ``A certain number of Asian countries should take some steps because the euro and the euro region can't be the only one to bear the weight of the adjustment