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...region’s best interest. Just as high prices may lead a backpacker to choose to venture elsewhere this summer, airlines considering Airbus planes and bankers wondering about BMW coupes and Château Lafite Rothschild wines may think twice before purchasing. In fact, Airbus??€™s parent company European Aeronautic Defence and Space Company announced this week its flagship plane, the A380, will cost five million dollars more starting next month, for it has always been quoted in American currency. In short, a strong euro reduces European exports, which are at the core of many continental economies...

Author: By Pierpaolo Barbieri | Title: Stay the Course | 4/23/2008 | See Source »

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