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EURO - Confidence returns

Published: July 16, 2010; 00:00 · (Vindobona)

Patient Euro is on the road to recovery. Europe's debt crisis and the financial problems mainly of Greece greatly affected the exchange rate earlier this year. Now, the Euro regains strength. After the low of $1.18, the Euro recovered step by step rising

EURO - Confidence returns / Picture: © European Commission

Patient Euro is on the road to recovery. Europe's debt crisis and the financial problems mainly of Greece greatly affected the exchange rate earlier this year. Now, the Euro regains strength. After the low of $1.18, the Euro recovered step by step rising above the mark of $1.30. Economists see this as return of confidence in the markets.

The dilemma began in the fall of 2009 when…

This article includes a total of 277 words.

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