Hong Kong manufacturers say this will make their products less competitive.

CNN: SEWING UP A DEAL

Alongside the debt-reduction efforts that governments are pursuing across the eurozone, the region's exporters are also having to contend with a currency that has been rallying on foreign exchange markets, potentially making their products less competitive in the international marketplace.

NPR: Eurozone Recession Deepens As Germany Falters

This has added to the woes of European companies by making their products less internationally competitive.

ECONOMIST: Trichet in the clear | The