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The Decline of Euro can Actually Boost European Economy

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
The Decline of Euro can Actually Boost European Economy Posted: Jul 26, 2010 2:43 AM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: The Decline of Euro can Actually Boost European Economy
Feed Title: Simple Thoughts - Java and Web Technology Blog
Feed URL: http://tech.gaeatimes.com/index.php/feed/
Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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According to many economists,  16-country currency is heading for a significant decline because of Europe's government debt crisis. Some even predict that euro is going to sink to such a level, ie. €1 equals $1, 18 percent slide from the current value. This is going to lower European's purchasing power for imports. But if .... Source  : Gaea News Network.

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