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Eurozone (Economy) 

Recent discussions about Eurozone (Economy) at the Godlike Productions forum.

The eurozone, officially called the euro area, is an economic and monetary union (EMU) of 17 European Union (EU) member states that have adopted the euro () as their common currency and sole legal tender. The eurozone currently consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Most other EU states are obliged to join once they meet the criteria to do so. No state has left and there are no provisions to do so or to be expelled.

Monetary policy of the zone is the responsibility of the European Central Bank (ECB) which is governed by a president and a board of the heads of national central banks. The principal task of the ECB is to keep inflation under control. Though there is no common representation, governance or fiscal policy for the currency union, some co-operation does take place through the Euro Group, which makes political decisions regarding the eurozone and the euro. The Euro Group is composed of the finance ministers of eurozone states, however in emergencies, national leaders also form the Euro Group.

Source: Wikipedia

 ThreadPosterRepliesViewsRatingPostedUpdated
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Greetings from “New Normal” Germany
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Ireland - Wow Just Wow
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Anonymous Coward28720,613
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Someone in Germany just bought 194000 bitcoins right now:)
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BREAKING! France investigates new possible side-effect of Pfizer coronavirus vaccine
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The Prince of Greece back soon with Christ. The Prince of Greece just died. Who's next ?
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Anonymous Coward521,577
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ITALY has asked the European Union for €191.5billion (£140.5billion) to save its economy following a huge coronavirus hit.
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Vaccination site gets fire bombed in Italy. Vaccines are saved ..Anonymous Coward2174
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04/29/21
11:24 PM





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