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The main architect of this policy was President Mauno Koivisto, who opposed floating the currency and devaluations. As a result, the nominal value of the markka was extremely high, and in the year 1990, Finland was nominally the most expensive country in the world according to OECD's Purchasing Power Parities report. [6]
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [1] when they meet the five convergence criteria. [2]
Jersey pound – Jersey (not an independent currency) Lebanese pound – Lebanon; Libyan pound – Libya; Lombardo-Venetian pound – Lombardy–Venetia; Luccan pound – Lucca; Luxembourgish pound – Luxembourg; Malawian pound – Malawi; Maltese pound – Malta; Manx pound – Isle of Man (not an independent currency) Maryland pound – Maryland
Finland has been ranked above average among the world's countries in democracy, [155] press freedom, [156] and human development. [157] Amnesty International has expressed concern regarding some issues in Finland, such as the imprisonment of conscientious objectors , and societal discrimination against Romani people and members of other ethnic ...
The first European banknotes were issued in 1661 by Stockholms Banco.Founded by Johan Palmstruch, it was a predecessor of Sweden's central bank Sveriges Riksbank. [1] As commercial activity and trade shifted northward in 17th century Europe, deposits at and notes issued by the Bank of Amsterdam denominated in Dutch guilders became the means of payment for much trade in the western world.
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. [1] Human capital has a substantial impact on individual earnings. [2]
The study and discipline of money, currency and capital assets: List of countries by credit rating; List of countries by commercial bank prime lending rate; List of countries by corporate debt; List of countries by exports; List of countries by exports per capita; List of countries by external debt; List of countries by FDI abroad
Helsinki [a] [b] is the capital and most populous city in Finland.It is on the shore of the Gulf of Finland and is the seat of southern Finland's Uusimaa region. About 684,000 people live in the municipality, with 1.26 million in the capital region and 1.6 million in the metropolitan area.