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Author: Lewis   May 10, 2019 at 10:59:33  from 5.188.211.14   in reply to: Качественная раскру posted by alokigorKag on November 12, 2014 at 08:45:43

I work for a publishers <a href=" https://bespokeprogram.org/1000models-4b42.pdf ">pthc forum</a> Switzerland is a model of consistency. Government spending runs at just about 33% of GDP year after year. Government debt-to-GDP ratio is just under 50% year after year. It is a very prosperous country built around its financial services industry (UBS and Credit Suisse), its big drug and food companies (Novartis and Nestle), its transparent legal system, its advanced transportation network and, of course, the scenery. But its prosperity and stability can also be a problem. The Swiss franc has appreciated by 22.5% against the euro and 24.5% against the U.S. dollar over the last five years. 44% against the U.S. dollar since the end of 2005 and 36% against the euro since a low in 2007. That threatened important Swiss exports — such as watches, scientific instruments and the like — and forced the Swiss to intervene to drive the franc lower in 2011.


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