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Euro's Sinking Feeling

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Euro which ws 82 cents to the USA dollar in 2000 has fallen by 35 cents to $1.27 in 2008. But say analysts it has a lot further to fall as European economies contract in 2009.

Euro-Dollar and Yuan -Dollar Exchange Rates and Economic growth worldwide- 2009-2013

12/06/2006

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Europe Is Giving Global Economy A Surprise Boost Amid U.S. Lull - WSJ.com

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As Dollar Weakens, Paulson Faces Challenge of Tempering Its Decline - WSJ.com

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Euro's Sinking Feeling

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German GDP contraction according to Commerzbank estimates in late March show 6-7% GDP contraction in 2009. France with a smaller capital goods industy, is projected to drop 4%. Sentiment in both countries is shifting to larger Stimulus.

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Europe’s Central Banker Engineers His Economics

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Unions Wage New Strikes in Germany

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For Europe’s Middle-Class, Stagnant Wages Stunt Lifestyle

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