Information on European Monetary Union political news and economic analysis.
Tips & Advice to help you make your decision on Euro
When you do business in a global market, it helps to understand the currencies that you are working with. It's also a big advantage to know the economy of the countries that you have financial dealings with. This is especially true with the Euro, since it's such an important currency in today's world.
The Treaty in the EU that was established has set very strict criteria that a country in the Union must meet before they are able to adopt it as currency. The Maastricht criteria are set to make sure that each member in that zone is economically stable. While the U.S. dollar is considered the most important reserve and anchor currency in the world, the Euro comes in a close ... more