High Euro Exchange Rate Weighing on Export-Led Recovery

The revival of exports continued in the third quarter, leading to a healthy increase in manufacturing output. The latest strong rise in the euro exchange rate is not only weighing on exports, but also detracts from the euro area's attractiveness as a target for investment.
Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:WIFO Monatsberichte (monthly reports)
1. Verfasser: Ewald Walterskirchen
Format: article
Sprache:Englisch
Veröffentlicht: 2004
Schlagworte:
Beschreibung
Zusammenfassung:The revival of exports continued in the third quarter, leading to a healthy increase in manufacturing output. The latest strong rise in the euro exchange rate is not only weighing on exports, but also detracts from the euro area's attractiveness as a target for investment.