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The Euribor (before known as an acronym but most recently known as a standalone word) is a daily reference rate, published by the European Money Markets Institute, [1] based on the averaged interest rates at which Eurozone banks borrow unsecured funds from counterparties in the euro wholesale money market (before only in the interbank market).
Estlink 2 will be a classic bidirectional monopolar high-voltage direct current connection with line-commutated converter thyristors. Its maximum transmission rate will be 650 MW and it will operate with a voltage of 450 kV. [2] Its estimated cost is about €320 million, of which converter stations cost €100 million and cable €180 million.
The euro, or EUR, is the ninth-strongest currency in the world. The euro can be used in 20 of its member nations , and traders will receive 0.98 EUR per USD. The euro boasts participation from ...
In December 2008, the results of a BBC poll of 1,000 people suggested that 71% would vote no to the euro, 23% would vote yes, while 6% said they were unsure. [113] Sterling did not join the Second European Exchange Rate Mechanism (ERM II) after the euro was created. Denmark and the UK had opt-outs from entry to the euro.
In December 2010, a senior official from the European Central Bank called for a break-up of the Visa/Mastercard duopoly by the creation of a new European debit card for use in the Single Euro Payments Area (SEPA). [49] WikiLeaks published documents showing that American authorities lobbied Russia to defend the interests of Visa and Mastercard.
The largest transactions with involvement of Austrian companies [170] have been: the acquisition of Bank Austria by HypoVereinsbank for 7.8 billion EUR in 2000, the acquisition of Porsche Holding Salzburg by Volkswagen Group for 3.6 billion EUR in 2009, [171] and the acquisition of Banca Comercială Română by Erste Group for 3.7 billion EUR ...
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]
Today, Italy has an essential place in the international art scene, with several major art galleries, museums, and exhibitions; major artistic centres in the country include Rome, Florence, Venice, Milan, Turin, Genoa, Naples, Palermo, and other cities. Italy is home to 60 World Heritage Sites, the largest number of any country in the world.