Category: Euro

Germanys Guide to Perfecting the Euro The state of Europes current economic recession taints all promise for its future, its excellence, and its international prestige, as manufacturing in the EU has hit its lowest point since the previous eurozone crisis in October 2012 and is expected to stay this way for the rest of 2019.…

Euro Vs Dollar: Differences Between the US and European Financial Systems The Eurozone is a geographic and economic region that consists of all the European Union (EU) countries that have fully incorporated the euro as their national currency. As of 2019, the Eurozone consists of 19 countries in the EU: Austria, Belgium, Cyprus, Estonia, Finland,…

Adoption of the Euro: Pros and Cons As the official currency used by the 27 member states of the European Union (EU), the euro is one of the main currencies traded by market participants and has an influence on global markets. Although it was launched since January 1, 1999, physically the euro was used on…

Eurozone Crisis: Causes and Consequences The European Project has always been more or less ambiguous about its objective. The famous Schuman Declaration of 9 May 1950, considered to be the guiding principle behind the European project, is without doubt the clearest of the founding texts. It assigned the six signatory states the objective of achieving,…