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Deputy: reforms in the euro zone not impact directly on the Iraqi economy
23-09-2013 10:31 AM
Baghdad (newsletter). Member of the Economic Committee, MP//Secretary Hadi, that any reforms in the euro area did not affect the economy of Iraq directly. Hadi (News Agency): that the Iraqi dinar is not linked to the euro, but the dollar, any reforms in the euro area latothr on the Iraqi dinar but positively impact his dealings in US dollars only.
He added that the reforms affected indirectly by the trade volume between Iraq and Europe, where the European export prices increase by increasing the euro and is not be reversed on the Iraqi economy and vice versa.
The trade surplus has increased to euro-zone countries, evidence of an economic recovery after a financial and economic crisis, which hit some European countries such as Greece and Spain./finished/5 l. Eng. -
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23-09-2013 10:31 AM
Baghdad (newsletter). Member of the Economic Committee, MP//Secretary Hadi, that any reforms in the euro area did not affect the economy of Iraq directly. Hadi (News Agency): that the Iraqi dinar is not linked to the euro, but the dollar, any reforms in the euro area latothr on the Iraqi dinar but positively impact his dealings in US dollars only.
He added that the reforms affected indirectly by the trade volume between Iraq and Europe, where the European export prices increase by increasing the euro and is not be reversed on the Iraqi economy and vice versa.
The trade surplus has increased to euro-zone countries, evidence of an economic recovery after a financial and economic crisis, which hit some European countries such as Greece and Spain./finished/5 l. Eng. -
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