French-German split over G20 agenda

French-German split over G20 agenda

French president Francois Hollande wants the G20 to consider whether the Euro is overvalued. Via Reuters:

France will raise concerns about the strength of the euro’s exchange rate at talks among euro zone finance ministers next Monday and at a mid-February meeting of G20 economic powers, Finance Minister Pierre Moscovici said….

His finance minister said he would broach it with other euro zone finance ministers at a meeting next Monday and then at Russian-chaired talks among G20 ministers on February 15 and 16.

Germany is not pleased.