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  2. Eurozone - Wikipedia

    en.wikipedia.org/wiki/Eurozone

    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 eurozone has also enacted some limited fiscal integration; for example, in peer review of each other's national budgets. The issue is political and in a state ...

  3. History of the euro - Wikipedia

    en.wikipedia.org/wiki/History_of_the_euro

    Euro Zone inflation. The euro came into existence on 1 January 1999, although it had been a goal of the European Union (EU) and its predecessors since the 1960s. After tough negotiations, the Maastricht Treaty entered into force in 1993 with the goal of creating an economic and monetary union (EMU) by 1999 for all EU states except the UK and Denmark (even though Denmark has a fixed exchange ...

  4. Enlargement of the eurozone - Wikipedia

    en.wikipedia.org/wiki/Enlargement_of_the_eurozone

    The enlargement of the eurozone is an ongoing process within the European Union (EU).All member states of the European Union, except Denmark which negotiated an opt-out from the provisions, are obliged to adopt the euro as their sole currency once they meet the criteria, which include: complying with the debt and deficit criteria outlined by the Stability and Growth Pact, keeping inflation and ...

  5. It's Do-or-Die Time for the Eurozone - AOL

    www.aol.com/news/2012-06-27-its-do-or-die-time...

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  6. Euro - Wikipedia

    en.wikipedia.org/wiki/Euro

    Budget deficit of the eurozone compared to the United States and the United Kingdom. Following the U.S. financial crisis in 2008, fears of a sovereign debt crisis developed in 2009 among investors concerning some European states, with the situation becoming particularly tense in early 2010 .

  7. International status and usage of the euro - Wikipedia

    en.wikipedia.org/wiki/International_status_and...

    Outside the EU, there are currently three French territories and a British territory that have agreements to use the euro as their currency. All other dependent territories of eurozone member states that have opted not to be a part of EU, usually with Overseas Country and Territory (OCT) status, use local currencies which are often pegged to the euro or U.S. dollar.

  8. German adoption of the euro - Wikipedia

    en.wikipedia.org/wiki/German_adoption_of_the_Euro

    The conceptualization of the euro began in the late 1970s, sparked by the desire for a European response to the dominance of the U.S. dollar. [2] [3] [4] German Chancellor Helmut Schmidt and French President Valéry Giscard d’Estaing played pivotal roles in this development.

  9. European Currency Unit - Wikipedia

    en.wikipedia.org/wiki/European_Currency_Unit

    Using a mechanism known as the "snake in the tunnel", the European Exchange Rate Mechanism was an attempt to minimize fluctuations between member state currencies—initially by managing the variance of each against its respective ECU reference rate—with the aim to achieve fixed ratios over time, and so enable the European Single Currency (which became known as the euro) to replace national ...