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Euro Heralds New Era
Beginning of paper
11 nations merged currencies to create the euro. Europe’s leaders say that the unified currancy will promote bussiness, underpin unity and strengthen their role in world affairs. Officially at midnight on New Year’s Eve the euro became the common currency of Germany, France, Italy, Spain, the Netherlands, Belgium, Austria, Portugal, Finl .... Middle of paper .... for non-cash transactions ranging from government bond issues to credit card and check purchases. Euro figures will appear along side national currencies on pay checks, phone bills and bank statements. The United States dollar will now have a strong competator in the currency market. The euro-zone will be a powerful player in the world maket with its 20% of world economic output and 18% of world trade. “The euro becomes the strong arm ....
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Number of words: 395 Number of pages: 2 (approx. 250 words per double-spaced page)
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