FRANKFURT, Nov 17 (Reuters) - United States' support for a strong dollar is important but the euro has not yet reached worrying levels, Eurogroup Chairman Jean-Claude Juncker said on Tuesday.
Juncker said ECB President Jean-Claude Trichet was "perfectly right" to highlight comments supporting a strong dollar from Federal Reserve Chairman Ben Bernanke.
"We think like our American friends that the strong dollar is in the interest of the U.S. economy," Juncker said on the sidelines of a Euro Finance Week event..
"I don't think we have reached the exchange rate level that harms the European recovery but one has to note that this volatility we have experienced for the last weeks and months is not welcome."
Juncker also said European governments need to start cutting the debt accumulated bolstering economies during the financial crisis when sustainable economic growth returns. (Reporting by Marc Jones and Sakari Suoninen)