Bundesbank's Dombret: Europe is struggling between easing short-term pain and committing to long-term reforms

Bundesbank's board member Andreas Dombret is hitting the wires, via Livesquawk, saying that Europe is struggling between easing short-term pain and committing to long-term reforms.

At the time of writing, EUR/USD is trading at 1.0736, up 0.24% on the day, having posted a daily high at 1.0778 and low at 1.0709.

Additional headlines:

  • The euro area economy is in much better shape, unemployment is at lowest level in 8-yrs
  • Europe is experiencing serious headwinds with regard to European integration