First of all, I will explain the effect of its integration, followed by the political reasons why the Euro shouldn’t survive, along with the monetary, the fiscal, the economical reasons, by business cycles differences, foreign trade, and by concluding why it just cannot work. Let’s...
Austerity measures – are referring to the actions taken by the government, during adverse economic periods in pursuance of reduction of the deficit in country’s budget with a combination of tax increase and spending cuts. Such actions were taken by most European countries that had...
To monitor the current state of the euro in the global market, I had to use sources from the Internet to track current or mainly weekly changes in the state of the world’s strongest currencies, such as the US dollar, the UK pound, CHF (Swiss...
From the American Dollar, Canadian dollar and Euro, these are all the common currency for their countries. The American dollar covers all their 50 states, the Canadian dollar covering all 10 provinces and territories and to the Euro which is the common currency for many...
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