Asians fear further damage to exports

Author (Person)
Series Title
Series Details 21.5.10
Publication Date 21/05/2010
Content Type

Article reports that Europe's economic crisis of 2010 is having a severe effect on Asian companies as the depreciation of the euro makes exports more expensive in one of the biggest overseas markets.

Companies' biggest fear, however, is that the upheaval will undermine Europe's recovery from the global financial crisis, which would have a bigger effect on import demand.

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