euro : Definition, Usages, News and More

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 yooh roh

  • 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

  • People in the German border town of Passau probably don't think of themselves as champions of the euro.
  • As it turns 10, Europe's common currency is proving its worth .
  • 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.
News & Articles


  • George Osborne in
    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...
  • Jose Reina in Daily Illini
    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."
  • Olli Rehn in Winnipeg Free Press
    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.

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