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Country Currency Focus: Greece
Country Currency Focus: Greece How did the introduction of the Euro impact the Greek economy' The adoption of the Euro brought two benefits to its members: 1) A reduction of exchange rate uncertainty when trading with other EU members, and 2) a reduction of inflation and inflation expectation in countries with high inflation. A reduction in inflation brings down the price of goods as well as bringing down borrowing costs and thus providing the ideal environment for consumer spending to...
3 Ways ?User Roles' can save you a lot of trouble
When Roger had his living room remodeled, he handed the key to his house to the crew after locking all other rooms because he didn’t want them snooping around. Now, think why you should grant all your staff access to your accounting software in its entirety, when you only want them to handle a part of it. It’s not possible for a single person to perform all the functions concerned with business like setting budgets, accounting, well, at least not efficiently. It’s key...
Never mind the roads and rail, infrastructure spending should be all about education
Parliament hasn't really done very much in the past couple of months. In fact, it has done little in the past year if truth be told. Only 11 new bills have been introduced in this parliamentary session, while MPs sat for only 44% of the weekdays in 2014, according to the BBC. Naturally, there is little business in the lead-up to a General Election. Deals are unable to be done for fear of elevating an opponent, and who really wants to be seen breaking from the whips, and therefore, their own...
Euro Drops as German Business Confidence Misses Estimates
The euro declined today against other most-traded currencies after the German business climate missed projections, reigniting concerns about the financial stability of the eurozone.(...)Read the rest of Euro Drops as German Business Confidence Misses Estimates (50 words) Posted on Forex News.
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