The euro's exchange rate against the U.S. dollar is too strong, and France wants the European Central Bank to adjust the rate, French Industry Minister Arnaud Montebourg is quoted as saying in an interview in Tuesday's edition of French daily newspaper Le Parisien. "Our European partners have to understand that opting for recession can't go on," he said. "The euro is too strong, and if it were 10% lower against the dollar we would increase our national wealth by 1.2%, create 120,000 jobs and reduce our deficit by 12 billion euros ($16.44 billion). If the euro went down by 20%, we would create 300,000 jobs and reduce ... (full story)