(Your-oh’) n.- Europe Urgently Requires Order
Scooter – “Man….friggin stock market dropped 389 points today”
Chuck – “I hear ya Holmes….now it’s Italy….they need some EURO"
1) "euro" - single european currency used by all members of the european union
except UK, denmark, sweden since 01/01/2002.
2) 1 euro = 1.3-something $
"dollars? come on, how much is that in real money?"
Currency that came into affect within the 11 eurozone countries in January 1999. Coins and notes were introduced into circulation in 2002. The European Central Bank (ECB) regulates the monetary policies of the Economic and Monetary Union. Benefits of the euro include reduced transaction costs, reduced uncertainty and risk due to price transparency and merger activity. The main cost is the cost of converting (price signs, tills, vending machines etc)However, this is only short term and if countries such as the Czech Republic and Slovakia think they can afford it then the UK can.
Jimmy - "Man I sure wish the British public would come to their senses and realise that in the long term the UK should join the euro and stop living in the past. It's just because they're too thick to understand the value of the euro and wouldn't be able to cope with losing their precious pounds"
Billy - "Yea woteva man lets go play computer games"
in use in the greater part of the European Union
2nd, 2002. Adopted on that date by a core group
of twelve countries
, the Netherlands
, the Republic of Ireland
. The Euro has been adopted more recently by Slovenia
, and subsequently (and jointly) by Malta
. It is therefore a single currency for some 317 million Europeans
, or more than the total population of the United States
is set to adopt the Euro at the start of 2009, fo...
Common currency of the eurozone
, a currency union of 17 out of the 27 states of the European Union
. Currency sign is €.
As of submission, €1 = approximately $1.50
Trade and import-export transactions within Europe and with other nations is much easier.
No more national currencies in the eurozone saves quite a bit of money for consumers and travelers, as well as businesses which engage in a high degree of cross-border business.
The pooled European capital of the euro currency has created a strong world reserve currency that could not have been achieved with the previous national currencies.
German (and to a lesser extent French) taxpayers find themselves perpetually bailing out countries with dysfunctional economies. See Greek Debt Crisis
Not all nations in the Eurozone are equally wealthy or in a position to maintain healthy debt-to-GDP
ratios over long periods. The interest rates set by the ECB are often favorable for wealthier eurozone countries but not for poorer ones. While some less-wealthy countries can't survive without a default, other less-wealthy countries muddle along with unhealthy but sort of manageable debt levels. The euro is not necessarily good for these countries, as they can't periodically ...
Anywhere between $1 and $1.70, depending on investors' temperament. (As of May 27, 2012, it was about $1.25 USD, which is unusually low.)
Q: Got a seven dollar bill? A: No, but I have a five euro bill. Q: Hmmmmm... OK, close enough.
Q: But the Grexit
forced the thing below six dollars! A: that's capitalism
for you :-p
speed based pills/dids
I was well fucked off them Euros last night