The Euro

“absolutely conceivable that the euro will replace the dollar as reserve currency, or will be traded as an equally important reserve currency”

Alan Greenspan 2007

All my purchases of ArchiCAD and related products are transacted with GRAPHISOFT in Euros so I keep a constant eye on the ups and downs of the Euro.

As can be seen from the above quote the Euro was once seen to possibly be a stronger  currency than the Greenback in the longer term – how things have changed!

With the recent turmoil in Greece, many commentators are questioning how long the Euro will survive.

For those of you interested I found this article in the NZ Herald (originally published by the Independant in the UK) quite informative.

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