editorial partner Liberte! Friedrich Naumann Foundation

Exports

Europe Needs Strong, Not Weak Euro
Economy
Europe Needs Strong, Not Weak Euro
European policymakers and large exporters are increasingly uneasy about the euro’s rise — particularly against the U.S. dollar. But this concern is misplaced. Like arguments for tariffs, it mistakes accounting effects for economic damage. A stronger euro does not weaken Europe; it strengthens it.