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EU

19 replies

sorry for my ignorance but what does EU stands for?
cause my cd says:
Made in EU

i have no idea what that could be....

European Union — ie. not all European countries

and EURO is the money in the EU

but the EURO isn’t the money of all the countries in the EU

confusing ain’it it ;)

The thought is that Euro SHOULD be money of all the countries in EU. Unfortunately politician are cowardly holding it back in some countrty. Like here in Sweden for example.

Agghrr!

C’ ya!

hej frodi...do u know when/if swedens gonna have the euro at all?

i visited your site but its all in swedish :-(

c u =)

our economic teachers told us, that in a couple of years the name EU will be replaced to > USE

yep, it looks pretty much like we´re gonna have euro in sweden as well in some years.

And Frodi, I don´t think it´s only the politicians who don´t want euro right now, a big part of the Swedish people are against it.

When it all went up, 1996 or maybe it was´95, they said that if we’re gonna have it we’ll have it by the year 2002. Do I see any? Yesterday I read a correspondent in our local newspapper and he wrote a couple of positive changes it would be if we traded to EURO and he finnish with the words:

“Göran Persson is a covard by not let the Swedish people to vote for it.”

I hope that we can get the EURO as soon as possible.

C’ ya!

from which country do you like more the EURO ?

it was my understanding that alot f countries were against the euro because it was valued less than their national currency

Partially.

To have euro as the currency in a certain country, it must meet several criteria.

First of all, that country must be a member of the European Union. EU-memers must use euro as the common currency. However, today, out of the 15 member countries, only 12 has started using euro this year.

There are a few strict financial criteria a country must meet to adopt euro. (I’m not going into details about it.)

In case of the UK, they were unable to meet those standards when the euro was launched. Sweden would have been able to satisfy those monetary criteria, however, since the goverment was against joining the euro-zone, they slightly modified the indicators so they just weren’t good enough to make it. In Denmark, they decided to hold a voting about joining the euro-zone, where the majority of the population voted against euro.

In some cases having the Euro has made things more exspensive, everyday things like bread, milk and cigarettes.
How the hell did that happen?? ;) surely a loaf of bread is worth the same in old currency as in euros.
Its not just alot of the Swedes against it...its alot of British too. :P and as for Norway...they don’t even wanna join the EU ;)
I’m all for a vote on wether we should join the single currency or not, then atleast the ppls here will have a say, but so far nothing like that has happend. I hate politics.

wait, wait wait...
this is kinda confusing for me...sorry..
so EU are a bunch of countries from Europe, right?>so is holland or Uk in it? Cause some of my cds say made in Hollanad... made in UK and Made in EU

so who are the EU countries. and why were they formed? for what purpose?

thanks

EU countries:

Belgium, The Netherlands, Luxembourg, France, Germany, Spain, Portugal, Italy, Greece, Austria, Sweden, Finland, Denmark, UK, Ireland.

Out of these countries, 3 are not part of the Euro-zone: the UK, Sweden and Denmark.

The EU - more precisely, the EEC (European Economic Comminuty) was formed in 1957 with the Treaty Of Rome. The founders were: Germany, France, Belgium, The Netherlands and Luxembourg. The aim was to create a free trade zone between these countries, that is, no duties would have been used when a product is taken from a country to another. Later on, the integration got stronger, so called “common policies” were issued: that is, in certain fields, the member countries decided to work out regulations and priogrammes together. The EEC got expanded, new members were accepted, the name was changed from EEC to EC (European Communities). Integration became stronger during the years.

In 1991 they signed the Treaty of Maastricht, also called the Treaty on the European Union. This is the time when we can start talking about the European Union. In the beginning, the EEC was to create a free trade zone. The main principle of the EU is the free flow of goods, services, people and money. So the citizens of memeber countries can work in other member countries, they can have enterprises in another country, ect.

The next idea was to create a European Monetary Union, which has been created in 3 phases. The last phase was to launch the common currency: the Euro. We are now in the very last part of the last phase of creating the EMU: national currencies of EMU member countries must be completely withdrawn till July 1, 2002. Then, the EMU is complete.

@pietro: Ahhhhhhh

=)

thank you so much!

I don’t like EU or the Euro, but that’s just my opinion. And I’m Swedish by the way.

ditto here

EURO is the money in 12 of the EU states... the ones who have joined EMU (European Moneterian Union)

The ones who are in EU but not in EMU are
Sweden, Denmark and the UK

and the 12 countries that have EURO changed to EURO in the first on january 2002.....

about Sweden.... According the Göran Persson (the leader or what I should call him) we will probably have EURO in 2006.... He wants to have a voting about it next spring (2003)

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