Eventually, the gap between
strong EURO countries and weak EURO counties could become so large that the strong counties would become incapable or unwilling to continue to fund the weak countries.
Not exact matches
Smurfit Kappa, which operates in 34
countries in Europe and the Americas, recorded a slight rise in full - year earnings to 1.24 billion
euros ($ 1.5 billion) last year after a
strong fourth quarter.
Italian bonds have proved resilient in the last couple of months, supported by
stronger euro zone growth as well as less Euroskeptic sentiment in the
country.
It is the rare combination of a simultaneous impact of hugely restrictive fiscal policies, gravely damaged channels of financial intermediation and crippling trade imbalances in especially depressed segments of the world economy - the
euro area - where there is an obvious need for a
strong stimulation of domestic demand in
countries of that region whose trade surpluses range from 2 percent to nearly 9 percent of gross domestic product (GDP).
Some years ago Mundell, looking at economy sizes, growth rates, percent invested overseas, etc., concluded that a dollar /
euro relationship between $ 1.20 and $ 1.30 could be considered normal, or neither to
strong nor too weak for either
country.
Global economic conditions have improved over recent months, with
stronger economic data emerging in the US, Japan and most other
countries in east Asia, though the
euro area remains weak.
«Any revision of the treaty is for deeper integration of the
euro area but also for a
stronger European Union,» Commission President Jose Manuel Barroso told the European Parliament on Wednesday, a bid to keep the process inclusive of all 27
countries in the EU, not just the 17 in the
euro zone.
And no matter where you're from, if you have a location independent business or telecommuting job, you can earn money in
strong currencies like dollars, pounds, and
euros, which can go far in many
countries.
A huge investment of 3,380 bn
euros would be needed to achieve this, but the
country would have to spend these sums in any case to achieve its aim of meeting
strong demand increases from 1,720 m MWh in 2015 to about 6,200 m MWh in 2050.