6.01.2010

No May...

I have not written anything in May... just busy. I swear to myself that I would keep writing at least one even though I am busy.

Europe currency "Euro" is very interesting to consider the balance of nations and transnational movements such as economic and business activities, people's movements, effects toward the economic situation.

The decline of Euro is actually favourable for Germany's export industries, for example, automobile or electricity. Spain's economy was in the bubble because the ECB kept the interest rate low... The transnational organisation has decided to one universal policy but it has created the imbalance in terms of health of economy... this is what the Euro shows to us.