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The euro

4 Ratings: 3.8
the official currency of the European Union

The euro is the official currency  of the European Union (EU), and is currently in use in 16 of the 27 Member States. The states, known collectively as the eurozone, are Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, … see full wiki

1 review about The euro

A Quick Tip by Sharrie

  • Nov 10, 2010
The same currency for a block of regional countries is an ideal, not a practical system, especially since the many countries are different, not only in terms of culture but also productivity and historical relevance. Is it a fair and equitable system? Well, different people have different views. Can the poorer countries keep up with the rich ones? Can countries with high unemployment go bankrupt and drag the others down with it? Questions unanswered but only history will reveal. Too early to tell. Most are adopting a wait and see attitude. How confident are you about the Euro? That question may probably be best answered when one take a look in relevance to other currencies.
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