The euro on Friday went a step closer to its 1999 record high value of $ 1.188 against the dollar, reaching $ 1.179.
Over the last 12 months the dollar has fallen 21.4% against the euro, making it cheaper for Europe to import oil and other goods but also more difficult to export.
French Finance Minister Francis Mer said Thursday, according to CNN that the dollar was becoming too weak against the euro, and he urged the European Central Bank should cut interest rates to stabilise t...
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Already a member? Login hereLisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.
Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.