Finally, the common currency helps to increase price transparency and, therefore, competition in goods, services and factor markets, leading to a further alignment of economic cycles. Inflation differentials The fact remains, however, that there are inflation differentials among the members of the euro zone. How significant are these differentials and how concerned should we be?
•  What matters in a market determined environment is not only to offer high quality goods and services. You also need to have a good banker, to be aware of all the risks and to hedge against them. To keep making progress in your profession, you also need to be kind of a visionary!