Understanding the Euro: The Clear and Concise Guide to the New Trans-european EconomyThe euro is now the official currency of Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. Its creation ranks as the most important international economic event since the Bretton Woods Agreements of 1944, and it presents enormous challenges and opportunities to businesses worldwide. In this complete Q & A reference guide, economist Christian Chabot provides detailed but plain-English answers to the critical questions that every business professional is asking - and indeed must ask - about the euro and its far-reaching implications. |
Contents
What Requirements Do Countries Have to Fulfill in Order | 20 |
Chapter Summary | 26 |
Why Is the European Union Creating the Euro? | 37 |
Copyright | |
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Common terms and phrases
Austria Belgium billion bonds budget deficits business environments competitiveness convergence criteria conversion core economic corporate created current account Duisenberg ECB's ECOFIN Economic and Monetary economic growth economic shocks ESCB euro exchange rates euro zone euro's effects Euroland Euroland countries Euroland interest rates Europe Europe's European Central Bank European economic European Monetary Institute European Union exchange rate policy exchange rate risk exports Figure financial markets Finland firms fiscal foreign exchange markets France Germany impact important independent industries interest rates investment investors Ireland Italy lending long-term Luxembourg major ment minimum reserve requirement monetary policy monetary union money supply national central banks national currencies Netherlands notes and coins Phase political Portugal price stability question rency repurchase transactions reserve currency role short-term single currency Spain Stability & Growth tax rate tion trade trans-European transaction costs Treaty on European U.S. dollar U.S. Federal Reserve United worldwide