Europe - August 17, 2011
What is Eurozone?
The collective group of countries which use the Euro as their common currency.
The Eurozone came into being in 1999, and originally consisted of 11 countries. As of 2009, 16 countries were part of the Eurozone. The Eurozone does not include every country in the European Union (some countries are not yet using the Euro), and does not include every country who is using the Euro (to become part of the Eurozone, the country must use the Euro as its sole legal currency). As a currency union, monetary rules are created and maintained by the European Central Bank.
Investorwords.com
A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued. It can be categorised according to the currency in which it is issued. London is one of the centers of the Eurobond market, but Eurobonds may be traded throughout the world - for example in Singapore or Tokyo.
Wikipedia
For up-to-date video, German Chancellor Angela Merkel, she met with French President Nicholas Sarkozy; click below.
NOTE:
You will need to PAUSE the Black Enterprise video below, if it is yet on the HOME page.
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