Euros

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by Aqualls0326
Last updated 5 years ago

Discipline:
Social Studies
Subject:
Economics
Grade:
7,8,9,10,11,12

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Euros

Euros

About Euros Euros are European currency that replace the national currencies of France, Germany, Spain, Italy, Greece, Portugal, Luxembourg, Austria, Finland, the Republic of Ireland, Belgium, and the Netherlands. In euros they have 50 cents, 20 cents, 10 cents, 5 cents, 2 cents and 1 cent coins. They all have different styles of text on the back side. The first euro was created 1 January 1999. The first President was William Duisenberg, former head of the Dutch central bank. The euros at first became major successes: more than 337.5 million EU citizens in 19 countries now use it as their currency and enjoy its benefits.

Excerpts From ArticlesPresident Obama has ordered the Federal Reserve to adopt the Euro. That was false. Stating that it would make it easier for the Americans.

More About Euros Two countries have ‘opt-out’ like Demark and United Kingdom clauses in the Treaty exempting them from participation, while the remainder have yet to meet the conditions for adopting the single currency.

Linkshttps://www.ricksteves.com/travel-tips/money/cash-tipshttp://www.x-rates.com/calculator/http://traveltips.usatoday.com/exchange-united-states-currency-euros-61634.htmlhttp://www.independenttraveler.com/travel-tips/money-and-insurance/get-the-best-exchange-rate

Excerpts From ArticlesYanis Varoufakis, Greece’s recently departed finance minister. He has been teaming up trying to work out how Greece might erozone and make it's own currencey.

Excerpts From ArticlesSecond, they all ran substantial current-account deficits in the years before the crisis.Third, government spending in those nations grew at remarkably high rates.

Excerpts From Articles The four countries at the epicenter of the euro-area are in many ways different, but they have three important characteristics in common. First, total debt in these countries expanded rapidly.

Excerpts From ArticlesUnemployment in the eurozone, ticks up to 12.2% in April. Europe's already dismal jobs situation has deteriorated further.


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