Deputy: reforms in the euro zone do not directly affect the Iraqi economy

Deputy: reforms in the euro zone do not directly affect the Iraqi economy

23-09-2013 10:31 AM

reforms in the euro zone do not affect directly on the Iraqi economy, Iraqi dinarBaghdad (news) .. A member of the Economic Commission MP / National Alliance / Amin Hadi, that any reforms in the euro area does not affect the economy of Iraq directly. said Hadi (of the Agency news): that the Iraqi dinar is linked in euros, but in dollars, and the state of reforms in the euro zone to Atotr the Iraqi dinar, but a positive impact on dealings in dollars only. said: that the reforms affect indirectly through the volume of trade exchange between Iraq and Europe, where the price of exports of European increase with the euro which Maineks negatively on the Iraqi economy and vice versa. This has increased the trade surplus for euro-zone countries, suggesting an economic recovery after exposure to the financial and economic crisis, major, which hit some European countries such as Greece and Spain. / End