The Euro

the euro 11 nations merged currencies to create the euro. Europe?s steer say that the unified currancy will promote bussiness, underpin iodine and streng hence their role in world affairs. Officially at midnight on New Year?s Eve the euro became the double-dyed(a) specie of Germany, France, Italy, Spain, the Netherlands, Belgium, Austria, Portugal, Finland, Ireland and Luxembourg. This event is hailed as a historic laugher point in Europes history. By uniting Europe has created a powerful new economic force. Britain, Denmark and Greece are also hoping to ease off way in the next decade.

?If the postwar era terminate golf club years ago with the fall of the Berlin Wal l, then our futures begins on Jan. 1, 1999, ? German Chancellor Gerhard Schroeder wrote in the Handelsblatt bussiness daily. The new euro currency is worth 1.95583 German marks, 6.55957 France francs, 1,936.27 Italian lire, 166.386 Spanish pesetas. The euro is expected to opne the securities industry at virtually $1.1665, 133 Japanese yen and 70 British pen...If you want to read a full essay, order it on our website: OrderEssay.net

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