Questions tagged [euro]
Questions relating to the official currency of the euro area.
27
questions
2
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0
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88
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Can the Bank of France print as many Euros as it wants, what are the limitations, and how is it enforced? [duplicate]
The Bank of France contributes to the design of the monetary policy of
the euro zone (through macroeconomic research and forecast and by
taking part in the deliberations on ECB decisions) and ...
- 45.3k
7
votes
0
answers
565
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What were the repercussions of Saddam Hussein's Iraq switching from USD to EUR in 2000?
In 2000, Saddam Hussein switched to selling petroleum in Euros. At that time it was considered an financially unwise decision, but later it was reported to have won Iraq handsome profits.
How exactly ...
- 1,259
30
votes
7
answers
4k
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Why is using the euro instead of a local currency such a big deal and why is the wealth of the society an argument?
I think this is a question of both economics and politics, but I decided to ask it here.
There will soon be elections in Poland. There was a debate about this question: should Poland keep the złoty (...
- 417
8
votes
1
answer
383
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Who limits the euro issued in each eurozone country?
In my understanding each member of eurozone prints their own euro. How was it decided how much euro will be printed by each country per year?
Also, for weak eurozone countries, what is preventing ...
- 401
18
votes
4
answers
2k
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Why is the SNP putting so much emphasis on currency plans?
The SNP (Scottish National Party) have made a big thing during their conference this weekend about their plans for their currency should they gain independence from the UK. However, their current key ...
- 952
15
votes
2
answers
817
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Why is the EU not happy with the euro usage in Montenegro
According to Wikipedia, the ECB and the European Commission are unhappy about the usage of the Euro as the national currency of Montenegro.
The European Commission and the ECB have since voiced ...
- 671
4
votes
1
answer
211
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Were the UK opt-outs of the Euro and Schengen enacted via the Ordinary Legislative Procedure?
Were the UK opt-outs of Schengen and the Euro legislatively enacted via the Ordinary Legislative Procedure or by treaty negotiation at the Council level?
- 10.4k
11
votes
2
answers
919
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Why do Europeans pay for European products with US Dollar?
In Jean-Claude Juncker's most recent speech on the state of the European Union, there is this perplexing passage:
It is absurd that Europe pays for 80% of its energy import bill – worth 300
...
- 288
32
votes
5
answers
11k
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If the eurozone budget deficit limit is 3%, why is the European Commission telling Italy it must revise its 2.4% deficit budget?
The BBC reports that the European Commission has told Italy to revise its budget, saying that the draft presents particularly serious non-compliance with Eurozone rules. Yet the maximum permitted ...
- 48.6k
13
votes
2
answers
1k
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Is there any indication that the Euro rate is being politically manipulated?
In a recent (August 20, 2018) interview for Reuters about international politics, the president of the United States of America Donald J. Trump stated (emphasis mine):
ON CHINA AND EUROPEAN UNION ...
- 7,065
9
votes
2
answers
560
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Can an EU member officially give up pursuing Euro/Eurozone?
I often see/hear in the media about joining Eurozone in my country (Romania). AFAIK criteria for joining this zone are mostly technical, namely convergence criteria which mostly seem to be related to: ...
- 53.4k
2
votes
2
answers
312
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Given that there isn't a fiscal union in the EU, why would the Greek crisis threaten other Eurozone members?
Here in Czech Republic politicians often claim that we cannot accept the Euro until 'the situation in Greece and other problematic Eurozone countries is resolved'. But given that joining the Euro ...
- 51.4k
3
votes
0
answers
142
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Why is it so important for a non-EUR EU member to adopt EUR currency? [duplicate]
I live in a non-EUR EU member (Romania) and I keep hearing for several years about the aim for EUR adoption. Technically, there are several criteria (EUR convergence criteria) that must be met in ...
- 53.4k
11
votes
3
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1k
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Why did the EU not unify the financial systems when the Euro was created?
It could be argued that many of the problems plaguing the EU in the recent years stem from a lack of integration among the various countries in the union.
These missing "integration points" include, ...
- 6,745
8
votes
1
answer
1k
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Why wasn't Greece kicked out of the Euro once it was clear that they falsified their statistics to join in the first place?
The EU knew back in 2004 that Greece lied about their economic success in order to join the Euro.
So why didn't the Eurocomission reevaluate their original bid and kick them out of the Euro? Did ...
- 51.4k