eurovalor

European economic and monetary affairs commissioner Joaquin Almunia said, according to International Monetary Fund (IMF) tests, the euro is over-valued when compared to other currencies.
"If you ask all those who in the work of preparing estimates of (foreign exchange) equilibrium, most of them, including the IMF ... say that the euro area exchange rate, now, both in real and effective exchange rate and bilateral tests with some other currencies reflects an overvalued euro".
Almunia added that appreciation of the euro is linked to narrowing the gap between import and export growth.
He was speaking at a news conference following the European Commission's economic forecasts.

Almunia, citado pela Reuters, no final de Abril.