Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-03-11-Speech-2-328"
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"en.20080311.33.2-328"2
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"Businesses are influenced not only by international crises, but also, as has just been mentioned, by currency exchange rates. A country with a strong currency can struggle in the competition stakes in international markets. At present the euro is so strong that businesses have started to complain that exporting is no longer profitable.
Could any measures be taken to alleviate this problem? Sometimes countries try to devalue their currency in order to make a profit from sales abroad."@en1
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