International Herald Tribune:
Jean-Claude Juncker, who heads the group of finance ministers from the 13-nation euro zone, criticized the perceived indifference in Washington toward U.S. policies - including trade and budget deficits - that most economists believe are contributing to the intense downward pressure on the dollar. "Europe cannot be the area of the world's economy that will bear the consequences of others' inaction," Juncker said late Monday, Reuters reported. (...)
Though German companies have reported some negative effects, Finance Minister Peer Steinbrück has stayed sanguine, even going so far as to declare his "love" for a strong euro.