Draghi unfazed for now about strength of euro

Frankfurt

IF Mario Draghi is worried about the strength of the euro, he's hiding it well for now.

The European Central Bank president has shirked any invitation so far to bemoan the recent appreciation of the single currency in the style of his predecessor Jean-Claude Trichet, who used to complain about "brutal" moves that risk damping growth. Instead, Mr Draghi has pointed to prospects for a stronger-than-anticipated recovery, suggesting he might tolerate the euro's gain as proof that his campaign to revive the economy is returning results.