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euro |
Also found in: Financial, Wikipedia, Hutchinson | 0.01 sec. |
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euro: see European Monetary System European Central Bank (ECB) and a common currency. The ECB, which was established in 1998, is responsible for setting a single monetary policy and interest rate for the adopting nations, in conjunction with their national central banks. ..... Click the link for more information. . euroSingle currency of 15 countries of the European Union (EU), including Germany, France, and Italy. It is also the official currency in several areas outside the EU. The euro was adopted as a unit of exchange in January 1999. Those who advocated the currency believed it would strengthen Europe as an economic power, increase international trade, simplify monetary transactions, and lead to pricing equality throughout Europe. Euro currency notes and coins were introduced in January 2002 and became the sole national currency in all participating countries by March 1. Britain and Sweden decided not to adopt the euro immediately, and voters in Denmark rejected it. EuroSee EMU. euro the official currency unit, divided into 100 cents, of the member countries of the European Union who have adopted European Monetary Union; these are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portgual, and Spain; also used by Andorra, Bosnia and Hercegovina, French Guiana, Guadeloupe, Kosovo, Martinique, Mayotte, Monaco, Montenegro, R?union, San Marino, and the Vatican City How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Memorizing various European national anthems, reciting arcane World War II factoids, and trying to buy titty magazines with Euro currency are just a few of the wacky tasks he's been faced with. BRUSSELS, Belgium -- Economic growth in the 12 nations that use the euro currency accelerated to 0. producers currency vs the US$ May 1989-Aug 1992 -54% 30% Aug 1992-Nov 1993 39% -40% Nov 1993-Jun 1995 -2% 25% Jun 1995-Jun 2001 59% -36% Jun 2001-Jun 2002 7% 16% Euro Currency Strength -16% 24% Euro Currency Weakness 49% -38% |
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