Currency shifts spur EU firms to rework production model
A dramatic fall in the euro has created an opportunity for European manufacturers to enjoy cheap production costs at the bases from which they can supply world markets. |||
London – A dramatic fall in the euro has created an opportunity for European manufacturers to enjoy cheap production costs at the bases from which they can supply world markets. But after months of sharp shifts in foreign currencies, many of these companies are simultaneously reworking their strategies in the hope that, by the time of the next sudden tilt, they will be operating in more diverse …read more
Source: Independent Online
