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The single currency is too strong versus the dollar, several French ministers have noted ahead of the European Council meeting, scheduled for February 7-8.
"If the euro has risen progressively since July 2012, when it fell to €1.20 to the dollar, it is because the risk that the eurozone will explode has receded," the daily explains. "But, at €1.35 to the dollar, the rate the euro reached on February 4, this is the level "at which concerns emerge" particularly regarding exports.
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