The Euro Is Facing An Air Attack And The Future Is Hard To Predict.

Shen Danyang, spokesman of the Ministry of Commerce of China, made it clear that China hopes to continue to develop good cooperation with the Greek side in the port of Piraeus port under the principle of commercialization and mutual benefit, and will further enhance the level of economic and trade cooperation between China and Greece in the future and develop friendly.

"It is very important for Volvo to build a factory in the United States, considering the stability of the currency," he said.

Simon 2, who works in the German automotive industry, said that the risk of fluctuations in the euro against the US dollar will have an impact on European multinationals.

The uncertainty of Greece's future also continues to put pressure on the euro.

Why does the Greek crisis drag the whole eurozone? "It depends on who is the creditor of Greece."

Hu Shuguang said creditors are mainly European countries, including Germany.

After Greece's problems, Spain, France and Italy were all dragged down.

In Hu Shuguang's view, "if we can pport some of China's comparative advantages to Greece, we can revive the Greek economy, which is definitely an opportunity for China."

German Law Alliance

In the first quarter of this year, the euro fell to more than 11% against the US dollar, the biggest quarterly decline in 15 years.

The euro also fell to 11% against the yen in the first quarter, the biggest quarterly decline since September 2011.

It is worth mentioning that,

The depreciation has attracted more and more people to go to Europe to sweep goods.

Xiao Zhang 2, who studied in France, told reporters that luxury brand Chanel plans to raise the price of its products in the European market on the 8 th of this month. "The increase is quite large this year, and it should also be aimed at dealing with the depreciation of the euro."

According to the reporter, there is downward pressure on the euro. From another angle, it is the appreciation of the US dollar, and the real economy of the United States is beginning to improve.

In contrast, Europe's economy is bad, and the euro has devaluation pressure.

Emphasizing that Europe itself is also not good, such as the unemployment rate.

In addition to Germany, some European countries, including France, have higher unemployment rates.

So this is not a short-term adjustment.

Although Germany develops "industry 4", it is also difficult to sustain Europe.

The main thing is that France can't support it.

Because the core of Europe is the German German Alliance. If there is a problem, the whole EU will have problems.

According to Reuters, Barclays, the investment bank, expects the euro to fall below parity against the US dollar in the third quarter of this year, not the previous fourth quarter, mainly due to differences in European and American policies and the pace of economic growth.

Marvin Barth, Barclays Europe's foreign exchange chief, said the euro is expected to give us $0.95 in the first quarter of next year.

"We believe that the two main factors driving the weakness of the euro may have been slightly increased. They are low returns on capital, and the European Central Bank has promised to maintain low interest rates for a longer period.

Europe and the United States have huge economic differences.

In Goldman Sachs's view, even if the euro area's economic data improve, the ECB's policy will also weaken the euro.

The euro continued downward pressure.

From the performance of the US dollar at QE, we can see that the euro's response to the improvement of eurozone economic data will not be very strong.

Whether Greece can get help after three weeks of exhaustion of cash and also weigh heavily on the euro.

When it comes to the challenges facing the eurozone, Nouriel Roubini, a professor of New York University, said that in the next few weeks, if the negotiations between the government and creditors of the Greek leftist party Syriza failed to reach an agreement, the risk of Greece's withdrawal from the euro would be possible.

In Nouriel Roubini, Spain, France and Italy also have parties such as Syriza. Unemployment and slow growth in income may give rise to popular support for similar anti fiscal austerity parties.

According to the Reuters quoted sources last week, unless Greece receives new assistance from international borrowers, it will run out of cash in April 20th.

The Greek government is still negotiating with its main creditors, who submitted a list of reform measures to creditors last week.

But creditors believe that the reform plan is not enough.

According to Reuters, Moto Susan, Greece's economic minister, said the country will reach agreement with its partners in the euro area and the International Monetary Fund next week on the reform plan.

If agreement is reached, it will help Greece get the rest of its aid.

Eurozone officials believe that Greece can hardly expand its budget without the pfer of public assets and delays in retirement and pension consolidation.

But the Greek leftist government strongly opposes privatization and pension reform, and ministers have stopped several privatization projects.

The Reuters report also mentioned that the Greek Minister of Economics said that the government did not plan to sell 67% of Piraeus port, but would establish a joint venture with investors, and the Greek government would retain a large number of shares.

However, in an interview recently, Greek Deputy Prime Minister de Raja Sarkis said that the privatization process of Piraeus port will be completed within a few weeks, while the new Greek government is willing to expand cooperation with Piraeus in China and other fields.

He said the privatization plan of Piraeus port had not been cancelled.

As a result of the change of government, the holders of state-owned ports have changed, so it took some time.

COSCO is an active participant in the privatization of Piraeus port and can offer very competitive prices.

Piraeus port is the largest port in Greece. COSCO Group won the 35 year franchise of the container terminal two or three in 2008.

In accordance with last year's plan, COSCO and 4 other bidders were selected to bid for the 67% stake in Piraeus port.

In January this year, when the new Greek government came to power, it welcomed private investment, but it would re examine privatization projects.

According to the news, the privatization process of the port was halted.

In Hu Shuguang's view, this is a great influence on the credibility of a country.

Greece's so-called credit rating also declined.

It can be observed that when the new Greek government came into power, it was actually a little bit to offend the whole international community in order to curry favor with the domestic population.