What are the economic consequences of equalizing the euro with the dollar?
The value of the euro was equalized with that of the U...

The euro and the dollar have tied for the first time in 20 years, reinforcing suspicions that the European economy is heading for a deep recession as a result of Russian aggression in Ukraine.
On Tuesday, one euro was equal to 1 dollar.
The change means that European companies and consumers will pay more for the goods and services they import, while European exports will cost less on international markets.
The Euro has experienced a dramatic depreciation since early February, when it was worth over $1.13.
Rënia u përshpejtua në javët e fundit për shkak të frikës se Rusia, furnizuesi kryesor i BE-së me energji, do të ndërpriste tërësisht furnizimin me gaz si hakmarrje ndaj sanksioneve të Perëndimit.
Deri tani, 12 vende të BE-së kanë vuajtur ndërprerjen totale ose të pjesshme të furnizimeve me gaz rus.
Fluksi nga gazsjellësi “Rrjedha e Veriut 1” u ndërpre më herët gjatë javës për një proces mirëmbajtjeje që do të zgjasë 10 ditë.
Mbetet e paqartë nëse Kremlini do të urdhërojë zgjatjen e pezullimit përtej afatit dhe ta bëjë atë të pacaktuar.
“Le të përgatitemi për një ndërprerje totale të gazit rus. Ky është opsioni më i mundshëm”, paralajmëroi ministri francez i Financave, Bruno Le Maire.
All eyes will now turn to the euro, to see if it will continue to fall below the US dollar. The last time this happened was in November 2002, when the common European currency was worth $0.99. /euronews
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