0
Why might these countries not have wanted to adopt a single currency?
Wiki User
∙ 12y ago
They didn't want to adopt to a single currency because it would withdraw their own coins and paperbill's from circulating.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Why might some countries be reluctant to adopt a common currency?
The most important reason is concern that the value of the currency will be more easily affected by factors outside the country's control.
When did Spain become a member of the European Union?
Spain became a member of the European Union in 1986. It was also one of the first countries in the European Union to adopt the euro as its form of currency.
Has the European union established a single currency to be used by all member nations?
In first idea maybe yes. But nowadays it's not possible because the UK and Denmark have agreed permanent exceptions and may never adopt the euro.
Why is it that most African countries adopt mixed economic system?
all countries have mixed economies
Is it a good thing for countries to adopt a free market economy?
Countries development becomes more faster
What type of currency was adopted by the majority of countries in the European Union?
The Euro, which is the official currency of the European Union. It is a requirement to eventually adopt the Euro if you join the EU; however, two countries (Denmark and the United Kingdom) have opt-outs, meaning they are not required to adopt the Euro.
Why might some countries be reluctant to adopt a common currency?
The most important reason is concern that the value of the currency will be more easily affected by factors outside the country's control.
Why might some countries be reluctant to adopt common currency?
The most important reason is concern that the value of the currency will be more easily affected by factors outside the country's control.
The US could not reach acceptable terms of settlement with France regarding peaceful shipping?
Eventually the US and France came to an agreement regarding the shipping protocols both countries wanted to adopt.
When did Poland adopt the euro as its currency?
Poland didn't adopt euro currency yet. Poland still uses PLN (Polish New Zloty).
When did Britain adopt the decimal system for currency?
Britain adopted decimal currency in 1971.
What currency was zloty?
THe Zloty IS the currency of Poland... and will remains so until they decide to adopt the Euro.
What country did not adopt the euro as it's currency?
Bosnia and the UK
Does the gays adopt more or the single parents adopt more?
Single people adopt more than gay couples, but only because there are many more single people in the world than there are gay couples.
Can you be engaged and adopt?
Single or married.
When did Italy adopt the euro?
On January 1, 1999 a new single currency was implemented in 11 participating countries. These 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain. Two years after it was implemented Greece adopted the euro and became the 12th country to participate in a single currency system. It wasn't until January 1, 2002 that the euro became the official currency of the participating Member States.
Can an unmarried couple adopt a baby in Georgia?
You can adopt as a single parent but as a couple you have to be married.
