No surprises there given each sides’ position on the strong euro but a “high-level Bundesbank source” has been quoted in this morning’s Bild Zeitung newspaper
We are observing with concern when French politics return to the mentality of the 1970’s, long before the Franc became a stable currency
On Saturday French PM Valls said that the euro was too strong and that a ” more appropriate monetary policy” was needed to foster growth and employment
Not long now before we find out whether the ECB has anything up its sleeve, but unlikely
