>>60621363 (OP)A stronger euro dollar in a lot of cases leaves domestic production and personal investment at beholden to government taxation. You guys have a service based economy that doesnt manufacture many things, along with extreme taxation that goes to the government makes it look stronger on paper.
Benefits of higher euro
>cheaper imports>more social programs>government fiscal interventionCons of a higher euro
>lack of domestic manufacturing>lack of personal finances>lower wages across the boardA higher or lower value currency really doesn't matter, it just depends on what your government's economic policy is. A weaker US dollar allows for more exports which in turns brings more revenue for the US. A stronger euro dollar allows for cheaper american imports but relies more on those cheaper imports.