Currency Valuation

Out of context: Reply #1

• Started
• Last post
• 7 Responses

• 20020

  "Who and what backs the Euro?"
  - The EU central bank and richest countries in the EU: Germany and France.

  "Is it just a reflection of the current economic structure of all of Europe or each individual country?"
  - It is a reflection of EU. Current economic structure is flawed. Same currency doesnt mean that there is a unified monetary policy. Individual countries sets their own and reports back to Euro Stat.

  2002 0Permalink

  UpvoteDownvote

  Flag

  Show [[ numHiddenNotes ]] more notesAdd Note

  SaveCancel

View thread