The Multilateralist

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 ...

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.

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