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3/23/08

Taipei Times - Europe is learning to live with the mighty euro - by Mark Lander

For the complete report from the Taipei Times news click on this link

Europe is learning to live with the mighty euro - by Mark Lander

When the euro tiptoed above US$1.30 four years ago, finance ministers from Germany, France and Austria wrung their hands about how it would hurt Europe's exporters, some muttering that the US should put its economic house in order.European firms are no longer so reliant upon the US market, their raw materials are cheaper and the falling dollar has cushioned them from oil price hikes

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