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euro [80] € EUR euro cent: lira [80] Serbia: dinar [81] DIN: RSD para Yugoslav dinar [81] Slovakia: euro [82] € EUR euro cent: koruna [82] Slovenia: euro [83] € EUR euro cent: tolar [83] Spain: euro [84] € EUR euro cent: peseta [84] Sweden: krona [85] kr. SEK öre: riksdaler [85] Switzerland: franc [86] CHF [86] CHF rappen, also called ...
According to the Economist Intelligence Unit in 2011, "[I]f the [euro area] is treated as a single entity, its [economic and fiscal] position looks no worse and in some respects, rather better than that of the US or the UK" and the budget deficit for the euro area as a whole is much lower and the euro area's government debt/GDP ratio of 86% in ...
The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it.
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". [2] 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.
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On 28 May 2010, UEFA announced that UEFA Euro 2016 would be hosted by France. France beat bids of Turkey (7–6 in voting in the second voting round) and Italy, which had the fewest votes in the first voting round. [68] Euro 2016 was the first to have 24 teams in the finals. [69] This was the third time France have hosted the competition.
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
The European Monetary System lasted from 1979 to 1999, when it was succeeded by the Economic and Monetary Union (EMU) and exchange rates for Eurozone countries were fixed against the new currency the Euro. [7] The ERM was replaced at the same time with the current Exchange Rate Mechanism (ERM II).