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Euros
The euro (symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circula ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurosystem
The Eurosystem is the monetary authority of the eurozone, the collective of European Union member states that have adopted the euro as their sole official currency. The European Central Bank (ECB) has, under Article 16 of its Statute,Statute of the ECB (PDF) the exclusive right to authorise the issuance of euro banknotes. Member states can issue euro coins, but the amount must be authorised by the ECB beforehand. The Eurosystem consists of the ECB and the national central banks (NCB) of the 19 member states that are part of the eurozone. The national central banks apply the monetary policy of the ECB. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurozone Members
The euro area, commonly called eurozone (EZ), is a currency union of 19 member states of the European Union (EU) that have adopted the euro ( €) as their primary currency and sole legal tender, and have thus fully implemented EMU policies. The 19 eurozone members are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The eight non-eurozone members of the EU are Bulgaria, Czech Republic, Croatia, Denmark, Hungary, Poland, Romania, and Sweden. They continue to use their own national currencies, albeit all but Denmark are obliged to join once they meet the euro convergence criteria. Croatia will become the 20th member on 1 January 2023. Among non-EU member states, Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency and issue their own coins. In addition, Kosovo and Montenegr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro In Various Languages
The euro (symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro Banknotes
Banknotes of the euro, the common currency of the Eurozone (euro area members), have been in circulation since the first series (also called ''ES1'') was issued in 2002. They are issued by the national central banks of the Eurosystem or the European Central Bank. The euro was established in 1999, but "for the first three years it was an invisible currency, used for accounting purposes only, e.g. in electronic payments". In 2002, notes and coins began to circulate. The euro rapidly took over from the former national currencies and slowly expanded around the European Union. Denominations of the notes range from €5 to €500 and, unlike euro coins, the design is identical across the whole of the Eurozone, although they are issued and printed in various member states. The euro banknotes are pure cotton fibre, which improves their durability as well as giving the banknotes a distinctive feel. They measure from to and have a variety of color schemes. The euro notes contain many c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro Monetary Policy
The euro (symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Language And The Euro
Several linguistic issues have arisen in relation to the spelling of the words ''euro'' and ''cent'' in the many languages of the member states of the European Union, as well as in relation to grammar and the formation of plurals. In official documents, the name "euro" must be used for the nominative singular in all languages, though different alphabets are taken into account and plural forms and declensions are accepted. In documents other than EU legal texts, including national legislation, other spellings are accepted according to the various grammatical rules of the respective language. For European Union legislation, the spelling of the words for the currency is prescribed for each language; in the English-language version of European Union legislation the forms "euro" and "cent" are used invariantly in the singular and plural, even though this departs from usual English practice for currencies. Written conventions for the euro in the languages of EU member states Lang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Language And The Euro
Several linguistic issues have arisen in relation to the spelling of the words ''euro'' and ''cent'' in the many languages of the member states of the European Union, as well as in relation to grammar and the formation of plurals. In official documents, the name "euro" must be used for the nominative singular in all languages, though different alphabets are taken into account and plural forms and declensions are accepted. In documents other than EU legal texts, including national legislation, other spellings are accepted according to the various grammatical rules of the respective language. For European Union legislation, the spelling of the words for the currency is prescribed for each language; in the English-language version of European Union legislation the forms "euro" and "cent" are used invariantly in the singular and plural, even though this departs from usual English practice for currencies. Written conventions for the euro in the languages of EU member states Lang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harmonised Index Of Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). It is a consumer price index which is compiled according to a methodology that has been harmonised across EU countries. The euro area HICP is a weighted average of price indices of member states who have adopted the euro. The primary goal of the ECB is to maintain price stability, defined as keeping the year on year increase HICP below but close to 2% for the medium term. In order to do that, the ECB can control the short-term interest rate through Eonia, the European overnight index average, which affects market expectations. The HICP is also used to assess the convergence criteria on inflation which countries must fulfill in order to adopt the euro. In the United Kingdom, the HICP is called the CPI and is used to set the inflation target of the Bank of England. Comparison with the United States The HICP differs from the US CPI in two primary a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
500 Euro Note
The five-hundred-euro note (€500) is the highest-value euro banknote and was produced between the introduction of the euro (in its cash form) in 2002 until 2019. Since 27 April 2019, the banknote has no longer been issued by central banks in the euro area, but continues to be legal tender and can be used as a means of payment. It is one of the highest-value circulating banknotes in the world, worth around 495 USD; 3,590 CNY; 73,260 JPY; 493 CHF or 430 GBP as of August 2022. The note is used in the 25 countries which have the euro as their sole currency, with a population of about 343 million. Initially, the high denomination notes were introduced very rapidly so that in the first 7 years (up to December 2008) there were 530million five-hundred-euro banknotes in circulation. Subsequently, the rate of increase was radically slowed. In July 2022, there were approximately 350 million banknotes in circulation (decreased from 614 million in 2015). It is the least widely cir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
20 Euro Note
The twenty euro note (€20) is the third-lowest value euro banknote and has been used since the introduction of the euro (in its cash form) in 2002. The note is used by the 25 countries and a population of 343 million as their sole currency, with 23 legally adopting it. In July 2022, there were approximately 4,742,000,000 twenty euro banknotes in circulation around the eurozone. It is the second most widely circulated denomination, accounting for 16.3% of the total banknotes. Estimates suggest that the average life of a twenty euro banknote is about two years before it is replaced due to wear. It is the third-smallest note, measuring 133 x 72 mm with a blue colour scheme. The twenty euro banknotes depict bridges and arches/doorways in Gothic architecture (between the 13th and 14th century CE). The twenty euro note contains several complex security features such as watermarks, invisible ink, holograms and microprinting that document its authenticity. The full desig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
100 Euro Note
The one hundred euro note (€100) is one of the higher value euro banknotes and has been used since the introduction of the euro (in its cash form) in 2002. The note is used daily by some 343 million Europeans and in the 25 countries which have it as their sole currency (with 23 legally adopting it). In July 2022, there were approximately 3,892,000,000 hundred euro banknotes in circulation in the eurozone. It is the third most widely circulated denomination, accounting for 13.4% of the total banknotes. It is the third largest note, measuring × and has a green colour scheme. The hundred euro notes depict bridges and arches/doorways in the Baroque and Rococo style (17th and 18th centuries). The hundred euro note contains several complex security features such as watermarks, invisible ink, holograms and microprinting that document its authenticity. The new banknotes of the Europa series 100 euro banknote were released on 28 May 2019. History The euro was founded on 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
200 Euro Note
The two hundred euro note (€200) is the second-highest value euro banknote (and the highest value banknote in production) and has been used since the introduction of the euro (in its cash form) in 2002. The note is used in the 25 countries that have the euro as their sole currency (with 23 legally adopting it); with a population of about 343 million. In July 2022, there were about 967,000,000 €200 banknotes in circulation around the eurozone. It is the second least widely circulated denomination, accounting for 3.3% of the total banknotes. It is the second-largest note, measuring 153 × 82 mm, and has a yellow colour scheme. The two hundred euro banknotes depict bridges and arches/doorways in Art Nouveau style (19th and 20th centuries). The €200 note contains several complex security features such as watermarks, invisible ink, holograms and microprinting that document its authenticity. The new banknotes of the Europa series 200 euro banknote was released on 28 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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