euro造句怎麼寫

"As for particular euro-area risks, reponses included for example a break-up or collapse of the euro, disorderly debt restructuring, sovereign default and contagion," the survey added.

Britain, the euro-area's other main export market, is on the brink of recession.

It was a turBulent week for Greece and the euro zone.

It is stuck because the euro zone's dominant powers, France and Germany, agree on the need for greater harmonisation within the euro zone, but disagree about what to harmonise.

I think I understand the leverage in the euro crisis and therefore how far it could spread.

The passage of the enlarged euro zone bailout fund last week by all 17 euro zone members is just the first step required to bring any sense of normalcy back to the continental capital markets.

"The euro appreciated more than 11 percent in the last six months," said Marie-Laurence Sepede, senior researcher at Mercer.

In the euro area, where there is scant evidence of wage inflation and extreme weakness in the periphery economies, the ECB should not raise rates.

It's probably because of a truth that no one likes to talk about: Germans have benefitted greatly from the euro — it's given them an artificially weak currency.

Most economists think that the “neutral” rate of interest, which would neither stimulate nor restrain demand in the euro area, is now more than 3% (in nominal terms).

This mess leads to a depressing conclusion: Europe's bail-out strategy, designed to calm financial markets and place a firewall between the euro zone's periphery and its centre, is failing.

But one idea was notably absent: jointly guaranteed "Eurobonds", which a number of politicians and analysts say are the only way to dig the euro out of its hole.

So is the euro itself in danger?

IT HAS been another turbulent week for the euro.

She reluctantly bailed out wobbly members of the euro zone.

And the Irish government should suspend its participation in the euro, devalue its new currency and rejoin the euro at a later date.

Devaluation, the usual route to rebalancing, is not open to countries in the euro area.

The dollar did rise against the euro briefly, but it is difficult to envision this, either, having much effect.

When panicky investors were rushing out of small currencies in the autumn of 2008, the euro seemed a haven.

Sometimes it's used as a term of scorn - the creators of the euro, we're told, were technocrats who failed to take human and cultural factors into account.

She has a different dream: to remake the euro zone in Germany’s image, with tough rules to restrict government spending and legal powers to intervene in national policies if countries go astray.

This was the first election since Mr Zapatero's May austerity measures, designed to fend off Suggestions that Spain might be on the list of euro countries needing bail-outs.

Ireland's 12.5% rate continues to irk fellow euro-zone members.

So he tossed a fifty-euro note onto the table and grabbed his crate of books.

Neither membership of the eu nor adoption of the euro seems necessary: Sweden is in the eu but not the euro, Finland is in both, Norway is in neither.

Eastern Europe is anxiously watching the confusion and disarray to its west. It must choose whether its destiny should eventually be inside the euro.

So what will happen to the euro?

He thinks that inflation convergence is something to be expected after adopting the euro, not before.

It was all about contagion, fears that default in economic minnow Greece could spread not just to Portugal and Spain but beyond, crushing the euro zone in its wake.

In his view, the euro area is characterised by a succession of booms and busts, each in a single country.

Before the euro came into being in 1999 the then British chancellor, Gordon Brown, resisted the establishment of a "euro group" of finance ministers that excluded him.