A Not So Muscular Mark Causes Problems, Too
In "The muscular mark could clobber Europe" (International Business, Mar. 27), you wrote "With the mark dominating all other European currencies..."
Switzerland is not in the European Union, but we still are Europeans. As such, we have noticed a continuous small loss of the German mark against the Swiss franc. This makes people along the German border, who do a lot of shopping across that border, happy. But don't believe that it makes our export and tourist industries happy. For decades, we have known unemployment only from hearsay. Now, we know it for real.
However, our country is probably too small for anybody to notice such unimportant details.