{"id":8958,"date":"2022-02-08T12:05:26","date_gmt":"2022-02-08T11:05:26","guid":{"rendered":"https:\/\/grifoll.com\/how-the-deflation-of-the-euro-is-affecting-export\/"},"modified":"2022-02-15T16:30:47","modified_gmt":"2022-02-15T15:30:47","slug":"how-the-deflation-of-the-euro-is-affecting-export","status":"publish","type":"post","link":"https:\/\/grifoll.com\/en\/how-the-deflation-of-the-euro-is-affecting-export\/","title":{"rendered":"How the deflation of the Euro is affecting export"},"content":{"rendered":"\n

El pasado lunes 9 de marzo el BCE ha comenzado a comprar deuda de forma masiva<\/a>. Esta acci\u00f3n sigue un plan para corregir la tendencia deflacionista de la econom\u00eda europea, es decir, la bajada del euro. Se estima que la compra total de deuda ascender\u00e1 a 60.000 millones mensuales, y su objetivo es reflotar la econom\u00eda y generar empleo.<\/p>\n\n

Consequences of the deflation of the Euro<\/h2>\n\n

This happens when\u00a0a new low in the euro \/ dollar<\/a>\u00a0is striking at $ 1.088 per euro. Is there a connection between these two factors?<\/p>\n\n

Currently most countries set their import prices in dollars. This means that a buyer whose currency has fallen and must buy outside is paying more for the same as before. However, if you purchase your goods or services in Europe you will be buying with a more competitive price by comparison. In this sense, euro and dollar equating\u00a0is advantageous for the EU<\/a>.<\/p>\n\n

However, if we take Spain as an example,\u00a070% of exports<\/a>\u00a0are made within the European Union, where the euro \/ dollar fluctuations do not affect prices as euro happens to be the common currency. This means that only 30% of exports are benefited by the depreciation of the euro.<\/p>\n\n

Para fabricar los productos que se vender\u00e1n en el extranjero Europa necesita energ\u00eda, uno de sus bienes m\u00e1s escasos y por tanto una de sus mayores importaciones. Por el momento la bajada del Euro coincide con una bajada espectacular del precio de los combustibles<\/strong>, con lo que ambos factores se anulan y se mantiene la competitividad europea en la econom\u00eda mundial. Es aqu\u00ed donde entra en juego la decisi\u00f3n del BCE de comprar deuda para inyectar l\u00edquido en las econom\u00edas europeas y que puedan invertir en desarrollo econ\u00f3mico. Se estima que en los pr\u00f3ximos cinco a\u00f1os el crudo volver\u00e1 a su nivel de precio de 2013<\/strong><\/a>, es decir, al doble del actual. No hay ning\u00fan factor que indique que la econom\u00eda europea crecer\u00e1 al mismo ritmo, de manera que tendremos una moneda m\u00e1s d\u00e9bil para hacer frente a la importaci\u00f3n de una energ\u00eda m\u00e1s cara, con la consecuente p\u00e9rdida de competitividad.<\/p>\n\n

The Problem of Mid-Term Planning<\/h3>\n\n

Because future is uncertain, there are many companies taking a huge risk by signing cooperation or supplying agreements for two, three or five years duration. It is very likely that the rise in fuel prices will make these projects cease to be profitable (or even bearable) in the mid-term. This shift in European monetary policy, which\u00a0leaves behind the austerity<\/strong>\u00a0of the past seven years, is an investment that gives new weapons for companies tackling future decisions.<\/p>\n\n

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El pasado lunes 9 de marzo el BCE ha comenzado a comprar deuda de forma masiva. Esta acci\u00f3n sigue un […]<\/p>\n","protected":false},"author":2,"featured_media":8959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[298],"tags":[],"class_list":["post-8958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-graphic-arts"],"acf":[],"_links":{"self":[{"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/posts\/8958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/comments?post=8958"}],"version-history":[{"count":0,"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/posts\/8958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/media\/8959"}],"wp:attachment":[{"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/media?parent=8958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/categories?post=8958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grifoll.com\/en\/wp-json\/wp\/v2\/tags?post=8958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}