Weaker euro could provide European business with an edge
Nobody knows where or when the euro will stabilise in value against stronger world currencies like the American dollar. But there are advantages for European-based businesses which export to America and Asia. Depreciation of the euro against other currencies provides them with a distinct competitive advantage to increase employment, but skill, motivation and initiative will remain key talents in the world of work.
<i>The euro exchange rate could lose further ground in the next few weeks. Is this good or bad news and what does it mean for European companies? Not much will change for companies which decided to play for time, shied away from global competition and tried to look for...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.