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Usage of: West African CFA franc (XOF) Central African CFA franc (XAF) CFA franc (French: franc CFA, [fʁɑ̃ seɛfɑ]) is the name of two currencies used by 210 million people (as of 2023) in fourteen African countries: the West African CFA franc (where "CFA" stands for Communauté Financière Africaine, i.e. "African Financial Community" in English), used in eight West African countries, and ...
The European Central Bank (ECB) makes monetary policy for the eurozone, sets its base interest rate, and issues euro banknotes and coins. Since the financial crisis of 2007–2008 , the eurozone has established and used provisions for granting emergency loans to member states in return for enacting economic reforms. [ 15 ]
The European Union (EU) is a supranational political and economic union of 27 member states that are located primarily in Europe. [9] [10] [11] The union has a total area of 4,233,255 km 2 (1,634,469 sq mi) and an estimated total population of over 449 million.
United States–European Union relations; Common Travel Area ... Economic and monetary policy 3.5 2 3 3.5 3.5 3 1 3 3 2 19. Social policy and employment 3 2 2 3 3 1 2 2
The euro came into existence on 1 January 1999. [2] It had been a goal of the European Union (EU) and its predecessors since the 1960s. [2] The Maastricht Treaty entered into force in 1993 with the goal of creating economic and monetary union by 1999 for all EU states except the United Kingdom and Denmark (even though Denmark has a fixed exchange rate policy with the euro).
The European Parliament (EP) is one of the two legislative bodies of the European Union and one of its seven institutions.Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it adopts European legislation, following a proposal by the European Commission.
The Acts of Union 1707 declared that the Kingdom of England and Kingdom of Scotland were "United into One Kingdom by the Name of Great Britain". [p] [22] The term "United Kingdom" has occasionally been used as a description for the former Kingdom of Great Britain, although its official name from 1707 to 1800 was simply "Great Britain". [23]
Jakarta [b] (/ dʒ ə ˈ k ɑːr t ə /; Indonesian pronunciation: [dʒaˈkarta] ⓘ, Betawi: Jakartè), officially the Special Capital Region of Jakarta (Indonesian: Daerah Khusus Ibukota Jakarta; DKI Jakarta) and formerly known as Batavia until 1949, is the capital city of Indonesia and an autonomous region at the provincial level.