euro
DESCRIPTION
TRANSCRIPT
![Page 1: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/1.jpg)
Euro
Talvi Kaja and Reelika Allik
![Page 2: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/2.jpg)
Eurozone
![Page 3: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/3.jpg)
American Dollars to 1 Euro
![Page 4: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/4.jpg)
Euro pros• economic stability • the movement of
goods and capital• travelling more
convenient • monetary policy
decision-making process
• coins pass on national symbol
![Page 5: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/5.jpg)
Maastricht criteria
• Price stability
• Budget deficit
• Debt
• Interest rates
• Exchange rate stability
![Page 6: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/6.jpg)
Exchanging kroons for euroExchanging kroons for euro
Retailers – can pay in kroons within two weeks after €-day
Banks – a month before and a year after the €-day
![Page 7: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/7.jpg)
Exchanging kroons for euro
Automated teller machines (ATMs).
A separate campaign to collect coins.
![Page 8: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/8.jpg)
Rules of recalculating prices
Some months before and after the €-day
Prices in both kroons and euro in as many ways as possible
![Page 9: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/9.jpg)
CONCLUSIONCONCLUSION
Euro is currency of Eurozone
Many positive sides to transition to the euro.
Country must meet five criteria to adopt the euro.
![Page 10: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/10.jpg)
CONCLUSIONCONCLUSION
We are going to adopt euro in 2011
There are 3 main ways to exchange kroons for euro: retailers, banks and ATMs
Some time before and after €-day we can see prices in both currency.
![Page 11: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/11.jpg)
THANK YOU FOR YOUR ATTENTION!!!
![Page 12: Euro](https://reader033.vdocument.in/reader033/viewer/2022061217/54b4361c4a795989638b4617/html5/thumbnails/12.jpg)
• http://glossary.reuters.com/index.php/Maastricht_Criteria
• http://euro.eesti.ee/EU/Prod/Euroveeb/application/controllers/handleSessions.jsp?lang=en&oid=4647
• http://www.fin.ee/eeldused-euroga-liitumiseks
• http://en.wikipedia.org/wiki/Euro
• http://affordablehousinginstitute.org/blogs/us/2009/12/tip-of-the-iceberg-part-1-hitting-submerged-deficits.html
• http://www.x-rates.com/d/USD/EUR/graph120.html
• http://www.ecb.int/euro/intro/html/map.et.html
• http://www.delhinybank.com/Locations/atmlocations.htm
• http://uudised.err.ee/index.php?06166788
• http://www.alfa.lt/straipsnis/c92871