Eurozone and the oil crisis

Last years European zone countries credibility has been bad way affected, that situation causes that the euro decreases in comparison to dollar.ut is that situation bad or good?

According to market strategiesis a situation that would severe the euro zone to get out of the crisis and the competitive level of the economy increases much more, but really not happen like that, this hypothesis is not bases causes the power source large industries is based on the production of energy through the power source large industries is based on the production on energy through the  different processes of oil.

Looking the relationship between oil and the euro crisis, we realize that the cost of crude oil is paid in dollars and to be negative change euro against the dollar will increase production costs causing eurozone less competitive.

This is another crisis involving the increased value of oil, and the Europeans are not as rich as they were a few year ago.

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