歐元區一覽 Fast facts about the eurozone Fast facts about the eurozone 1. The euro is the currency for 320 million Europeans. With the entry of Cyprus and Malta in the Eurozone today, it becomes the official currency of 15 states. They are:Austria, Ireland, Spain, France, Germany, Italy, Belgium, Netherlands, Greece, Finland, Luxembourg, Portugal, Slovenia, Malta and Cyprus 2. I 會場佈置f we include the countries with currencies pegged to the euro, the euro affects 480 million people worldwide 3. The Vatican City, Monaco, San Marino, Andorra, Montenegro and Kosovo, although not EU members, have adopted the euro unilaterally4. The euro is also the legal currency in Guadeloupe, Martinique, French Guiana, Sai 室內裝潢nt-Barthelemy, the Azores, Madeira and the Canary Islands5. Member-states Lithuania and Estonia had been due to enter the eurozone today but their entry was postponed because their inflation rate was too high6. The next country scheduled to adopt the euro is Slovakia, in 2009; Lithuania and Bulgaria are set to follow in 2010 and Est 烤肉onia in 2011.7. Although the Maastricht Treaty of 1993 obliged all member-countries to join the euro, the UK and Denmark negotiated exemptions for themselves8. Sweden voted against the euro in a referendum in 2003 and has got round entering the eurozone by failing to meet the membership criteria.9. The euro was introduced to the financial markets as 襯衫an accounting currency (European Currency Unit – ECU) in 1999 and was launched as coins and bank-notes in 200210. The Frankfurt-based European Central Bank (ECB) administers and manages the euro. It is an independent Central Bank which has exclusive authority to set monetary policy11. The ECB is totally independent of national governments and has a mandate to kee 小額信貸p inflationary pressures low12. The European System of Central Banks is involved in the printing, minting and distribution of notes and coins in all member-states13. The euro is divided into 100 cents, often referred to as eurocents14. The denominations of the euro coins are €2, €1, 50c, 20c, 10c, 5c, 2c and 1c. All have a common side showing the denomination with a map of Europe a 酒店工作nd a national side showing an image chosen by the country which issued the coin. Coins, regardless of the country of origin, are accepted in all eurozone states15. Euro bank-notes are not country-specific and have a common design on both sides. They are issued in denominations of €500, €200, €100, €50, €20, €10, €516. The €500 denomination is not issued in all countries but it is legal 住商房屋 tender in the eurozone17. The euro is widely considered to be a major, global reserve currency. Since its introduction, it has been the second most widely-held reserve currency after the US dollar18. Former Federal Reserve Chairman Alan Greenspan has said that the euro could replace the US dollar as the world’s primary reserve currency.19. Reserve status could become a disadvantage if the currency becomes overvalu 酒店兼職ed; European exports would be more expensive20. The euro has overtaken the US dollar as the currency with the highest value of cash in circulation in the world – more than €610 billion21. At its introduction, the euro traded at $1.18/€. At the end of November of this year the dollar fell to an all-time low, at $1.48 against the euro 22. Trade within the eurozone becomes cheaper because the cost of exchanging currency is re 酒店經紀moved23. Banks in the eurozone must charge the same for cross-border transactions as they do for domestic transactions for electronic payments (credit cards, cash machine withdrawals)24. Eurozone countries have low inflation and low interest rates which translates into stable economies???????? Copyright c Cyprus Mail 2007  .msgcontent .wsharing ul li { text-indent: 0; } 分享 Facebook Plurk YAHOO! 買屋  .
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