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The Euro’s Advantages for Medium-Sized Companies Unveiled by German Association Chairman

Medium-sized companies also welcome the advantages of the European common currency. For the chairman of the Federal Association of Small and Medium-Sized Enterprises in Saxony-Anhalt, Oliver Brunn, the euro is a success story because “it has brought stability to the economies in the euro area, price stability in the broadest sense and cooperation between the states and companies, also in the Middle class, simplified.”

The euro makes life easier for most medium-sized companies, says Brunn: “You have to remember that the majority of German medium-sized companies are export-oriented companies and therefore the exchange rate fluctuations disappear with the introduction of the euro and you shouldn’t forget that “A lot of online business has become much easier for consumers thanks to the single currency and the single currency area and that in turn also helps many digital companies – including in our region.”

2024-01-01 04:20:00
#Anniversary #Euro #turns #MDR.DE

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