Where extraordinary becomes eccentric

Sounds familiar…

July 21, 2008 · Leave a Comment

The combination of slowing demand, strong exchange rate and high energy prices should, according to my calculations, decrease the profit of an average manufacturing company by almost a half. [...]

The question is whether such dark outlook is necessary, considering the Czech National Bank has means available to fight the disproportional growth of the Koruna.

Hospodářské noviny — original in Czech, translation mine.

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