英语
中文简体The European debt crisis continues to ferment, and the debt black hole of Greece and other "European pig five" countries is difficult to fill, which has brought great difficulties to the European fastener industry and brought the European fastener industry into the industrial trough.
The European debt black hole has hit the European manufacturing industry. The current fastener demand industry is unable to expand the demand for fasteners, and most downstream fastener enterprises are on the verge of bankruptcy. Therefore, the trend of weak fastener demand in the European market in the short term will not be reversed. Without the domestic demand market, the European fastener industry can only "go far away" and export to other continents. However, long-distance trafficking will increase the cost of European fasteners and reduce its competitive advantage in the world market.
In addition, the European debt black hole has also posed great challenges to the investment promotion and high-end manufacturing development of the fastener industry. The capital chain of the fastener industry is frequently broken, investors are reluctant to invest in the fastener industry, many factories are closed down due to lack of funds, and some high-end fastener production technologies in the research and development stage are stranded due to financial problems. Therefore, the European debt black hole has brought the European fastener industry to the bottom.
