EU – a much more complex entity than the United States, because it consists of many states, which play very different roles on the global and European markets. The crisis in each of them has its own individual characteristics and, consequently, the program out of the crisis may also be different. Currently, the EU leaders Germany and France – the state-producers of various industrial and high-tech products. Germany and France benefit cheap euro in the event that they intend to make its way to the U.S. market and an expensive euro – in the event that they are more interested in the European market.
Apparently, the giants of the European Union would prefer to capture the European market, simply because to overcome the resistance of the economy, which you dotiruesh much easier than resisting the economy, which is even standing in a deep crisis is the most powerful in the world. In this regard, we should expect a stronger euro: this is a negative impact on all European products, but the German and French companies will suffer less. In addition, an expensive euro will attract investment from Asia (in particular, those from Russia) and, possibly, to acquire overseas assets are highly liquid, which, because of the global economic crisis may be underestimated.
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