euro euro  /ˈ ju roʊ/

Definition(s):

  • (n) the basic monetary unit of most members of the European Union (introduced in 1999); in 2002 twelve European nations (Germany, France, Belgium, Luxembourg, the Netherlands, Italy, Spain, Portugal, Ireland, Greece, Austria, Finland) adopted the euro as their basic unit of money and abandoned their traditional currencies

Usage(s):

  1. People in the German border town of Passau probably don't think of themselves as champions of the euro.
  2. The biggest danger of a weak euro is that the current export-led growth spurt will persuade Euroland governments that they can keep postponing much-needed structural reforms.
  3. The euro's current woes reflect Europe's structural economic problems.

News

  1. Euro and US Dollar Traders on Edge Ahead of Critical FOMC Decision

    Euro and US Dollar Traders on Edge Ahead of Critical FOMC Decision
    on June 15, 2013     Source: DailyFX via Yahoo! Finance

  2. Euro officials back Greek bailout tranche, ERT closure a factor: sources

    ATHENS (Reuters) - A working group of euro zone ministers and officials supports Greece's next bailout payment, two Greek finance ministry officials said on Friday, a decision made easier by the closure of state broadcaster ERT. The 3.3 billion euro ($4.4 billion) payment was approved by euro zone finance ministers last month, contingent on benchmarks to be met in June on anti-corruption efforts ...
    on June 14, 2013     Source: Reuters via Yahoo! News

  3. Euro and Pound Decline Contradicts Rise in European Equities

    Euro and Pound Decline Contradicts Rise in European Equities
    on June 14, 2013     Source: DailyFX via Yahoo! Finance

Wiki Images for euro

definition of euro
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Quotes

  1. Osborne said: "Sterling has devalued rapidly against the euro and the dollar. We are in danger, if the government is not careful, of having a proper sterling collapse, a run on the pound. The danger of a run on the pound is that it pushes up...
    on Nov 14, 2008 By: George Osborne Source: guardian.co.uk

  2. "It's probably the most complete team in the World Cup. A team that has changed since the 2008 (Euro) final, with young and fresh faces," backup Spain goalkeeper Pepe Reina said. "It's the most dangerous rival at the moment."
    on Jul 6, 2010 By: Jose Reina Source: Daily Illini

  3. "We shall defend the euro whatever it takes," EU Commissioner Olli Rehn said after an 11 hour-meeting of EU finance ministers that capped a hectic week of chaotic sparring between panicked governments and aggressive markets.
    on May 9, 2010 By: Olli Rehn Source: Winnipeg Free Press

Word of the Day
affectation affectation
/ˌæ fɛk ˈteɪ ʃən /