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Currently it is in a lot of trouble, so no. There are both good and bad aspects to the euro though:
Good
It's convenient- travel is much easy as there is no need for foreign exchange.
It gives Europeans a sense of a NEW EUROPEAN IDENTITY. Most europeans have the same currency and this promotes international relations, giving countries a sense of community and belonging to a part of something big. This also promotes peace between between countries, so there is a much lower likelihood of war.
Price comparison is easy- consumers can compare prices easily from a cup of coffee to a car. Prices are quoted in euros in practically everywhere in Europe.
Bad
Eurozone is a monopoly and all monopolies head for disaster. Some countries are in economic turmoil struggling in a recession whilst others, like Germany are repealing the benefits and are fine.
The Euro creates a loss in control for countries managing their own affairs. They hand over control of the country's economics to a group of people that were not elected by that country's population. Where's the democracy?
Currently the euro is struggling with most of the countries in the eurozone in a recession or heading for one. Many people are against it and it is not doing so well.
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How many 50 Euro cents in one Euro?
One euro is 100 cents, so there are two fifty euro cents in one euro.
How much 50 euro cent in INR?
1 euro= 100 cents 1 euro = 60 rupees approximately. 50 euro cent's= half a euro (according to the euro currency rate) 50 euro cents= 30 rupees approx.
Why is the European union good for us?
Its good for us because they can protect other countries when they get into war and EU is good. And you can travel to places that has euro and that makes it easier.
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
What is abbreviation for euro dollar?
Firstly it is called the Euro not the Euro dollar. The abbreviation is EUR. The symbol is €
Can I use my French euro checks in any euro using country?
Yes, you can! Euro from France are accepted everywhere! If you have euro bills, track them in eurobilltracker.eu . there you can find also good information about the Euro
Is euro model management a good agency?
NO - euro model management is awful and unprofessional - DO NOT USE THEM!!!!!! If you want a good model agency they are not the ones to use!
Why shouldn't Scotland join the euro?
because the euro is not very strong at the moment and may cause scotlands economy to collapse because the stability of the euro is not very good
Where to find a good Euro currency website?
Google it? .57.
What impact does the euro have on Europe?
At the moment the euro has a huge impact of those in the euro zone and also those that aren't in the euro zone, the state of the euro affects the price of imports and exports as for example, places like England do a lot of trading with countries within Europe. However, for industries such as tourism the Euro can have a good impact for those who aren't in the euro zone as the value of the euro goes down- so instead of the euro being worth £1.50 it is worth £1.30.
What is 30 percent of 1400 euro?
420 euro.420 euro.420 euro.420 euro.420 euro.420 euro.420 euro.420 euro.420 euro.420 euro.420 euro.
Is the euro train safe?
The euro train is known as safe. There haven't been many accidents and they have a good safety record right now.
How does a team advance to quarter finals in euro 2012?
They play good!
Can the Euro be used in Russia?
The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.The euro is the currency of Italy.
How much does a model 304 haenel cost?
about 100,- euro in good condition.
How does Italian money work?
They now use the Euro. So if you know how to use a Euro in say France, then you are good to go because they are used the same way in Italy.
How many coins do Italians have?
The currency of Italy is the European EURO. they have 8 coins 1 euro cent 2 euro cent 5 euro cent 10 euro cent 20 euro cent 50 euro cent 1 euro 2 euro
