There are downsides, but escalation of exports due to a weaker euro gives instant gratification on three sore issues: financial lubrication in the form of export insurance, guarantees etc, jobs retained or increased, and of course more taxes into the coffers, so fewer cuts in services and a stronger government. Not to mention the spending trickledown. Looks vin-vin to me. Celebrations all round.

You can't be me, I'm taken