The Future Prospects of Euro: Essay

Sample Essay

Words 1,074

The future prospects of Euro are very positive and encouraging, US Dollar weakness has reinforced the Euro currency. This accordingly has triggered countries worldwide to keep a close watch on the Euro as a probable major currency as strong as the US Dollar.

Thai farmer research center has researched the future of Euro and concluded the following:

  • European Capital Being Repatriated. Turmoil in US capital markets is expected to cause European funds – valued at a minimum of USD500, 000 million per year in US investments — to gradually be repatriated back to their home countries, where it is seen as being safer.
  • Increasing Role of the Euro in the International Reserves of Many Nations.  Use of the Euro as a component of international reserves was quite restricted, initially, because it was only a reference currency.
  • European Economy – Strong And Stable.  The Euro zone economy had grown at a trailing pace to its American counterpart over the past five years. In 2002, European economic growth is projected to stay at 2.2 percent, on average, while the US growth is set to be some 3.5 percent.  However, the European economy is relatively stable, and is less

Thank you for visiting Essaydemon.com and viewing our articles and sample papers. Kindly be informed that all these articles and sample papers are for marketing purposes only. The sole purpose of these articles and sample papers is just to provide our customers with an idea about our services before they place an order.

Kindly visit our order/inquiry page for further assistance.

Kindly order custom made Essays, Term Papers, Research Papers, Thesis, Dissertation, Assignment, Book Reports, Reviews, Presentations, Projects, Case Studies, Coursework, Homework, Creative Writing, Critical Thinking, on the topic by clicking on the order page.

admin

Recent Posts

Essay: The Bad Affects of Internet

Sample Essay Despite the good it has done to society and the fact that life…

1 week ago

Essay: The impact of prejudice and discrimination

Sample Essay The visionary fathers of the Americas land seems like they did not have…

3 weeks ago

Essay: Controversies in stem cell research

Sample Essay The controversy surrounding stem cell research has been raging on in the media…

4 weeks ago

Essay: Profession of Accounting

Sample Essay Emphasis is laid on investors on the quality of work rather than the…

1 month ago

Models of Hybrid Course Design

Hybrid online courses can be designed using different models. One of them is face to…

1 month ago

What Is a Hybrid Class?

A conventional college course maintains a daily schedule of meetings in-person on-campus setting. Students use…

1 month ago