Dollar’s slip is not all good news for Europe

AS Europe heads into its fastest growth period in six years, the euro’s rise could put an end to the party even before it gets into full swing.

European finance ministers were playing down the euro’s rise when they met at one of their regular meetings in Berlin yesterday.

In their view, the key to the transition was to avoid too much volatility and they were less concerned that some analysts are forecasting a resurgence in the euro to €1.40 before long.