Common Euro Could Boost Manufacturing In Europe

Jan. 13, 2005
By John S. McClenahen Next Jan. 1, the euro will truly become the common currency in 12 of the European Union's 15 countries. Now being used by banks and many businesses, euro coins and bills will begin to replace French francs, among other national ...
ByJohn S. McClenahen Next Jan. 1, the euro will truly become the common currency in 12 of the European Union's 15 countries. Now being used by banks and many businesses, euro coins and bills will begin to replace French francs, among other national currencies. And Arnaud de Bresson, the managing director of Europlace, which promotes the French financial community, believes the common currency will boost the attractiveness of European financial and industrial markets. "It's one step more toward the creation of a [true] single market, with less frontiers and more mobility -- and [increased] consumption and growth," he states. More mergers and joint ventures seem to be in the offing, with de Bresson saying he foresees increased "possibilities" for foreign and European corporations "to make operations together on a larger scale."

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!