The Euro has allowed for a free flow of goods and services among the European Union member nations. The original 11 participating nations are: Austria, Belgium, Finland, France, Germany Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. These nations account for up to 300-million people and account for nearly 20% of the global economy. Germany is the leading economy out of Europe and a recent report from the EU commission states that the recent recovery of the German economy is not as strong as previously thought. There is a large investment gap in machinery and equipment and private purchases of goods and services are lagging.
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