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Are some countries worse off since the euro was adopted?
yes some countries are worse off since they adopted the euro because they're economy might be better than other countries but the currency stays the same because some of the weaker countries are bring them down. therefore some of the countries that have adopted the euro with good economies are now dropping the euro to make more money
Is euro the currency used in wales?
No, the currency used in Wales is the British pound sterling (GBP), not the euro. Wales is part of the United Kingdom, which has not adopted the euro as its currency. While the euro is used in some European countries, the UK has retained the pound since the euro was introduced.
What is euro zone?
Euro is the official currency of the European Union. However, some countries inside the EU, decided to keep their traditionnal money (UK sill use the Pound). The Euro zone is the group of countries that had adopted the Euro (€) as their currency. On the 27 countries in the EU, 15 countries belong to the zone Euro. The other countries have either refused (UK, Sweden, Denmark....) adopting the Euro or are waiting for their Economies to be fit with the legal economics demandings defined by the EU.
What is the name of the currency adopted by most members of the European union?
Euro. symbol €The Euro
In 2002 the European Union adopted?
In 2002, 12 of the 15 members at that time, adopted the Euro as their currency. As of the 1st of January 2011 there are now 17 of the 27 members using the Euro.
Are some countries worse off since the euro was adopted?
yes some countries are worse off since they adopted the euro because they're economy might be better than other countries but the currency stays the same because some of the weaker countries are bring them down. therefore some of the countries that have adopted the euro with good economies are now dropping the euro to make more money
Which banks offer a Euro credit card?
All banks in the countries which have adopted the euro are doing this. Scroll down to related links and look at "Eurozone - Wikipedia".
When did Cyprus adopt the Euro currency?
The Euro is not the currency of Europe. There are about 50 countries in Europe, of which 28 are members of an organisation known as the European Union. As of the 1st of January 2014, 18 of those 28 countries use the Euro. So most European countries use their own currencies, not the Euro. The first 12 countries to use the Euro started to do so on the 1st of January 2002. The other 6 have joined since then and others will start to use it in the coming years.
When Euro currency was introduced?
1999 was the formal introduction. Som other countries have adopted the Euro after that.
Has the economy improved or worsened in countries that have adopted the Euro?
The economy of countries that have adopted the Euro has worsened with double dip recession. High unemployment, increase in public debt, and financial fragility is seen.
Is euro the currency used in wales?
No, the currency used in Wales is the British pound sterling (GBP), not the euro. Wales is part of the United Kingdom, which has not adopted the euro as its currency. While the euro is used in some European countries, the UK has retained the pound since the euro was introduced.
What kind of money was recently adopted by many European Countries?
the Euro
How many countries are in the eurozone?
There are 19 countries in the eurozone that have adopted the euro as their official currency.
What money do spanish people use?
Spanish people use the Euro as their currency. It has been in circulation since 2002 when Spain adopted the currency along with several other European Union countries.
How many European countries uses currency EURO?
16 countries have adopted the Euro, 5 other countries use the Euro with formal agreements (these are places such as the Vatican). 6 other districts or countries use the euro without formal agreement; these include Andorra - which doesn't have an official currency, and Akrotiri and Dhakalia - a British sovereign base area in Cyprus. Countries outside of Europe have adopted the euro for international transactions (an example is Cuba).
How many countries swapped their currency to euro first?
16 countries have adopted the Euro, 5 other countries use the Euro with formal agreements (these are places such as the Vatican). 6 other districts or countries use the euro without formal agreement; these include Andorra - which doesn't have an official currency, and Akrotiri and Dhakalia - a British sovereign base area in Cyprus. Countries outside of Europe have adopted the euro for international transactions (an example is Cuba).
What year did France adopt the euro?
France adopted the Euro on January 1, 1999 along with 10 other countries.
