Quote from: Marry Finch on May 14, 2019, 08:45:50 PM

There is nothing surprising here. All 28 states that are part of the European Union, have combined their economic resources and on the basis of this have created their money - the euro. Therefore, of course, they should have some restrictions on disposing of their gold and foreign exchange reserves. This is necessary in order for the euro to be provided with both gold and other material values and does not lose its value.

The European Central Bank is doing all it can to stop the Euro from losing its value but it is not working, today the ZEW climate index which measures the business climate in Germany disappointed compared to previous readings and this adds to the Euro losing value to the dollar which is the big rival.