Eusko Trenbideak
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The eusko is a local currency released by the "Eusko Moneta erakundea", and it is one of a number of currencies that are active in the
Basque Country Basque Country may refer to: * Basque Country (autonomous community), as used in Spain ( es, País Vasco, link=no), also called , an Autonomous communities of Spain, autonomous community of Spain (shown in pink on the map) * French Basque Country o ...
. It is mainly used in the
Northern Basque Country The French Basque Country, or Northern Basque Country ( eu, Iparralde (), french: Pays basque, es, País Vasco francés) is a region lying on the west of the French department of the Pyrénées-Atlantiques. Since 1 January 2017, it constitu ...
, France. The currency was created on the 31st of January 2013.


Features

The smallest value of the eusko is the one eusko format, so it can not be separated in less than that amount. The eusko has a value that is equal to the euro, so the price of an article can be totally paid in euskos, but if the article doesn't have a round price, the difference will be paid in cents. (Example: if an article costs 3,50 euros, it can be paid with 3 euskos and 50 euro cents) Its motto is "Euskoa denen esku", which means "The eusko in the hands of everyone".


Format

The eusko has a note based format that enables the user to trade with values that go from the one eusko note to the twenty eusko note. The appearance of the notes varies according to the value of the note: *The one eusko note is blue, and has an image of a txalaparta on it *The two eusko note is red, and has a scene of a folk dance on it *The five eusko note is grey, and has a countryside scene on it *The ten eusko note is yellow, and has an image of a blackboard with the Basque verbs form "Nor-Nori-Nork" *The twenty eusko note is purple, and has an image of an industrial port that shows some cranes Several security systems protect the notes from forgery, similar to the ones euro has. Those include: *A complex filigree *A heated gold mark *Off set marks for
blind Blind may refer to: * The state of blindness, being unable to see * A window blind, a covering for a window Blind may also refer to: Arts, entertainment, and media Films * ''Blind'' (2007 film), a Dutch drama by Tamar van den Dop * ''Blind' ...
people to identify note value


Aims

The aim of the eusko is to encourage the community to buy from local traders. This potentially strengthens the local economy and reduce ecological damage caused by long
supply chain In commerce, a supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, acti ...
s. Additionally, it aims to promote
solidarity ''Solidarity'' is an awareness of shared interests, objectives, standards, and sympathies creating a psychological sense of unity of groups or classes. It is based on class collaboration.''Merriam Webster'', http://www.merriam-webster.com/dictio ...
.


History


Predecessors

The idea of the eusko starts when the AMBES (from French ''Association pour la création d’une Monnaie locale Basque, Ecologique et Solidaire'') took the example of another currency that was running in France, and thought that could be profitable and applicable to the Basque country. The choice of the name came up when the AMBES asked citizens to choose a name for their optimal currency.


Getting started

The eusko gave its first steps the 31st of January 2013, with the initial number of 126,500 eusko copies. From the very beginning the eusko was accepted in all the establishments that were associated. According to the creators of the eusko, 310 businesses and enterprises accept the eusko as a form of paying, and the eusko has spread to more than 1500 users. The AMBES said that eusko would have a credit card system in 2015.


See also

*
Alternative currency A complementary currency is a currency or medium of exchange that is not necessarily a national currency, but that is thought of as supplementing or complementing national currencies. Complementary currencies are usually not legal tender and thei ...
* Fiscal localism * Local purchasing


References


PAYS BASQUE. Monnaie locale : l’eusko, éthique et utile



L’eusko, la monnaie basque première monnaie locale de France


{Webarchive, url=https://web.archive.org/web/20170830103628/http://www.liberation.fr/futurs/2014/01/02/a-bayonne-un-eusko-egale-un-euro_970273, date=March 2022


External links

* Official site
Accueil
Basque Currencies introduced in 2013 2013 establishments in Europe Currencies of Europe