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Funny Video On European Economy


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In the past few weeks, more and more EU newspapers become positive about the current situation.


Truth to be said more and more companies are happy with the current situation, very basically, euro weak = better exports and competitivity.


Seems alos the downside, having to pay for imports with a weaker euro is not that bad compared to the advantage.


Of course the situation could profit more to economies relying heavily on exports -> such as the French, German ones.


Seems the only ones not too happy are the EU tourists going abroad and the BCE....Also, I see more and more Chinese and Americans less than happy with the current euro weakness -> as it could hurt US and Chinese exports.


Some people here are praying the Euro reaches parity with the USD and if I wasn't t travelling this Summer I would also pray for the euro to fall under parity with the USD....







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