Jean-Claude Juncker

Jean-Claude Juncker is out with some interesting comments, particularly about the value of the Euro in comparison to other currencies. Juncker is saying that the Euro is overvalued compared to other major currencies, and that the Euro area should have an exchange rate policy. As Juncker is making...

The euro rallied on Thursday afternoon, after Reuters reported that euro zone officials came to a preliminary agreement over a new aide package that would fund Greece for three more years. Greece remains under tremendous financial stress as it struggles to get its fiscal house in order. In recent...

Jean-Claude Juncker told reporters in Paris on Tuesday that a new definitive plan would be unveiled to bailout Greece "by the end of June", according to Bloomberg. In his statements, he ruled out the possibility of a "total restructuring" of Greek debt. He did not, however, rule out a partial-...

On Friday, French President Nicolas Sarkozy stated that his country would support the euro currency and oppose "any kind" of debt restructuring, according to Reuters. Sarkozy and German Chanellor Angela Merkel met to discuss the future of the euro zone. Sarkozy described their views as being in...

Eurogroup president Jean-Claude Juncker questioned if the IMF would release its next disbursement of aid for Greece, according to Dow Jones. While the euro had initially been up on the session, news of Juncker's statements may have driven the euro down against the dollar, as the currency pair...