Austrian Finance Minister Karl-Heinz Grasser said he is comfortable with a euro level of 1.20-1.30 usd. "There is no problem while the euro is in a 1.20-1.30 usd range," he said ahead of a meeting of EU finance ministers which he will chair Austria currently holds the rotating EU presidency. The euro was trading at 1.2821 usd this morning after approaching 1.30 usd on Monday.