Aerospace bosses press ECB over strong euro: industry body

FRANKFURT (AFP) — European aerospace bosses met Thursday with Jean-Claude Trichet, head of the European Central Bank, to voice concern over the surge in the value of the the euro against the dollar, an industry body said.

EADS boss Louis Gallois, Rainer Ott, chairman of the German group Diehl, and Francois Gayet of the Aerospace and Defence Industries Association of Europe (ASD) "expressed their deep concern regarding the impact on their industry of the rapid and extreme fluctuations of the US dollar compared to the euro," according to a statement distributed by ASD.

The ECB declined to provide details of the meeting, but confirmed the company chiefs had met with Trichet.

Trichet invariably responds to questions about the euro's strength by noting that ...