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  1. en.wikipedia.org › wiki › EuroEuro - Wikipedia

    The euro ( symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. [6] [7]

  2. Live It. For Real. The 2020 UEFA European Football Championship, commonly referred to as UEFA Euro 2020 (stylised as UEFA EURO 2020) or simply Euro 2020, was the 16th UEFA European Championship, the quadrennial international men's football championship of Europe organised by the Union of European Football Associations (UEFA).

  3. The European Union ( EU) is a supranational political and economic union of 27 member states that are located primarily in Europe. [8] [9] The Union has a total area of 4,233,255 km 2 (1,634,469 sq mi) and an estimated total population of over 448 million.

  4. en.wikipedia.org › wiki › EurozoneEurozone - Wikipedia

    The euro area, [8] commonly called the eurozone ( EZ ), is a currency union of 20 member states of the European Union (EU) that have adopted the euro ( €) as their primary currency and sole legal tender, and have thus fully implemented EMU policies. The 20 eurozone members are:

  5. en.wikipedia.org › wiki › EurogroupEurogroup - Wikipedia

    • History
    • Organisation
    • Legal Basis
    • Criticism Against The Eurogroup
    • Possible Evolution of The Governance of The Eurogroup
    • Other Controversies
    • See Also

    The Eurogroup, formerly known as the Euro-X and Euro-XI in relation to the number of states adopting the euro, was established at the request of France as a policy co-ordination and consultation forum on eurozone matters. The December 1997 European Council endorsed its creation and the first meeting was held on 4 June 1998 at Senningen Castlein Lux...

    President

    The current President of the Eurogroup is Paschal Donohoe, the former Minister for Finance of Ireland. In September 2004, the Eurogroup decided it should have a semi-permanent president who would be appointed for a term of two years. Finance Minister and then Prime Minister of Luxembourg Jean-Claude Juncker was appointed to be the first President of the Eurogroup, mandated from 1 January 2005 until 31 December 2006, and was re-appointed for a second term in September 2006. Under the Lisbon Tr...

    Members

    The ECB President, Economic and Monetary Affairs Commissioner and Chairman of the Eurogroup Working Group also attend the meetings. Members of the EU who choose not to participate in the Eurozone have been excluded from observer status. The membership is however fluid; IMF personnel are sometimes allowed to be present at meetings.What remains unknown about this group is whether they allow observers to speak or speech by the observers is forbidden. Observers 1. President of the European Centra...

    Prior to the Lisbon Treaty, the Eurogroup had no legal basis. A formal legal basis was granted for the first time under the Lisbon Treaty when it came into force on 1 December 2009. Protocol 14of the treaty lays out only two articles to govern the group; Furthermore, the treaty amended the Council of the EU's rules so that when the full Ecofin coun...

    Because of its minimalist legal basis, the Eurogroup is mostly an informal body with very large discretionary powers. Though such nature may have allowed decisiveness in decision making during the euro crisis, this also led the Eurogroup to suffer from the lack of accountability and limited democratic oversight. Hence a growing number of critics by...

    Economic government for the Eurozone

    In 2008, in light of the 2008 financial crisis, French President Nicolas Sarkozy (speaking at the European Parliament as the outgoing President of the European Council) called the Eurogroup to be replaced by a "clearly identified economic government" for the eurozone, stating it was not possible for the eurozone to go on without it. The eurozone economic government would discuss issues with the European Central Bank, which would remain independent. This government would come in the form of a...

    International Representation to the IMF and the G20

    On 15 April 2008 in Brussels, Juncker suggested that the eurozone should be represented at the International Monetary Fund as a bloc, rather than each member state separately: "It is absurd for those 15 countries not to agree to have a single representation at the IMF. It makes us look absolutely ridiculous. We are regarded as buffoons on the international scene." However Finance Commissioner Joaquín Almunia stated that before there is common representation, a common political agenda should b...

    The Cypriot banking crisis

    During the 2013 Economic crisis in Cyprus, Eurogroup proceeded towards the first bail-in approach towards the Cypriot banking sector, resulting in the confiscation of deposits of Cyprus' two main banks. Despite the lack of any visibility on the banks' credentials and balance sheets, Eurogroup decided to utilise deposits of the two banks for a bail-in. The process is not completed yet.[needs update]However, it has been criticized by some in the EU as an attack on private property.

    Jeroen Dijsselbloem's comments

    In March 2017, Jeroen Dijsselbloem, the President of the Eurogroup at the time, told the German newspaper Frankfurter Allgemeine Zeitung "As a Social Democrat, I attribute exceptional importance to solidarity. But those who call for it also have duties. I cannot spend all my money on drinks and women and then hold my hand up for help. That principle applies on a personal, local, national and also on a European level." while referring to Southern European countries affected by the European Deb...

  6. The UEFA European Football Championship, [1] less formally the European Championship and informally the Euros, [2] [3] is the primary association football tournament organised by the Union of European Football Associations ( UEFA ).

  7. en.wikipedia.org › wiki › Euro_signEuro sign - Wikipedia

    The euro sign ( €) is the currency sign used for the euro, the official currency of the eurozone and adopted, although not required to, by Kosovo and Montenegro. The design was presented to the public by the European Commission on 12 December 1996. It consists of a stylized letter E (or epsilon ), crossed by two lines instead of one.

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