“The eurozone is all those countries that have joined the European single currency, considered as a group.” As you can see in this quote below from the European Commission (part of the European Union), they use the term Euro Area rather than Eurozone: “The euro area consists of those ...
西 xī west; the West; abbr. for Spain 西班牙; Spanish 元 yuán currency unit (esp. Chinese yuan); first; original; primary; fundamental; constituent; part; era (of a reign); meta- (prefix); (math.) argument; variable; (Tw) (geology) eon; (Chinese surname); the Yuan or Mongol dy...
What Would Happen if Spain Leaves the Euro?Michael Pettis
6. What is the currency of Spain?Euro Dollar Khayat BahtAnswer: A) EuroExplanation:Euro banknotes and coins were introduced in Spain on 1 January 2002, after a transitional period of three years when the euro was the official currency.
This is normally, in countries such as Spain, up to 80%. We then have to pay back this money plus interest over the term of the mortgage. When the method for calculating the mortgage interest is chosen, the Euribor comes into play. The Euribor is the Euro InterBank Offered Rate. It ...
Prior to the inception of the Euro, the Netherlands official currency was the Dutch guilder, which we’ll simply refer to as the guilder. This was the case for 322 years, from 1680 all the way to 2002. And the guilder is still in fact used in the countries of Sint Maarten and Curacao...
official currency.4They are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.5Four non-EU territories also use the euro: Andorra, Vatican City, Monaco, and San ...
aWhat has happened, it turns out, is that by going on the euro, Spain and Italy in effect reduced themselves to the status of third-world countries that have to borrow in someone else’s currency, with all the loss of flexibility that implies. 什么发生了,它结果,是那通过去在欧洲,西班牙...
With a shared currency amongst the different countries of the EU, managing financials is significantly simpler and allows for more efficient spending. This means you can use the same Euro currency for your vacation in any EU country without having to continuously convert money into a local currency...
The euro is the solelegal tenderin the EU member states that have adopted it, including Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. These countries form the...