Topic

euro

Not who you're looking for? Others named euro: German magazine · 1927 Turbine-class destroyer · Italian Lampo-class destroyer · abandoned town in the Goldfields Esperance region of Western

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Overview

The euro is the official currency of 21 of the 27 member states of the European Union. This group of states is officially known as the euro area, more commonly named the eurozone. Each euro is subdivided into 100 cents.

Notable quotes

“With the euro, that form of pressure has gone.”
— Perry Anderson, "Depicting Europe", London Review of Books (20 September 2007)
“The euro is bad for Europe. The euro is bad for the Netherlands, it’s especially bad because it is a stimulus for politicians to kill the Welfare State. I look forward to a European economy using multiple currencies. In the end that will be much better: it will make us more resistant to shocks and makes us less vulnerable to what is happening now.”
— Arjo Klamer, cited in: Hans von der Brelie, "The Dutch face austerity," at euronews.com, 2012/05/25
“ECB [European Central Bank] President Mario Draghi’s famous promise to do ‘whatever it takes’ to preserve the eurozone was a masterly move to buy time. But monetary policy cannot solve the currency union’s problems.”
— Robert Rubin, "The Search for a Monetary-Policy Wizard and Political Moral Hazard", Wall Street Journal (February 23, 2015)

Quotes via Wikiquote (CC BY-SA), each with its original source.

On IJR

No public IJR answers mention euro yet. As people ask about it and share their answers, they'll appear here.

Overview

The euro is the official currency of 21 of the 27 member states of the European Union. This group of states is officially known as the euro area, more commonly named the eurozone. Each euro is subdivided into 100 cents.

Not who you're looking for? Others named euro: German magazine · 1927 Turbine-class destroyer · Italian Lampo-class destroyer · abandoned town in the Goldfields Esperance region of Western

Notable quotes

“With the euro, that form of pressure has gone.”
— Perry Anderson, "Depicting Europe", London Review of Books (20 September 2007)
“The euro is bad for Europe. The euro is bad for the Netherlands, it’s especially bad because it is a stimulus for politicians to kill the Welfare State. I look forward to a European economy using multiple currencies. In the end that will be much better: it will make us more resistant to shocks and makes us less vulnerable to what is happening now.”
— Arjo Klamer, cited in: Hans von der Brelie, "The Dutch face austerity," at euronews.com, 2012/05/25
“ECB [European Central Bank] President Mario Draghi’s famous promise to do ‘whatever it takes’ to preserve the eurozone was a masterly move to buy time. But monetary policy cannot solve the currency union’s problems.”
— Robert Rubin, "The Search for a Monetary-Policy Wizard and Political Moral Hazard", Wall Street Journal (February 23, 2015)

Quotes via Wikiquote (CC BY-SA), each with its original source.