Table of contents
Current economic situation of the EU 4
What is the cause off the expected fall of the euro? 4 & 5
How can we prevent the fall and stimulate a rise? 5
How does the bankruptcy of Greece and following countries affect the euro? 6
Predictions 6 & 7
This report is about the rise and fall of the Euro. We chose this topic because it is current. Every day there are many articles about it in the newspapers and it is the main topic on the news.
Currently, there is a crisis with the Euro and now is the question whether the Euro should remain or not. Now, we are going to do research about whether the Euro will fall or not.
Firstly, we are going to talk about the history of the Euro and why this why this has become the currency in Europe. As follows, we give an overview about the current economic situation in the EU. Then, we are going to answer the question: what is the cause off the expected fall of the euro? And how we can prevent a fall and stimulate a rise. Further, we are going to talk about the influence of the bankcruptcy of Greece on Euro. And finally, we found some predictions of economist about the Euro.
The euro came into existence on 23 January 1999, although it has been a goal of the European Union (EU) and its predecessors since the 1960s. After tough negotiations, particularly due to opposition from the United Kingdom, the Maastricht Treaty entered into force in 1993 with the goal of creating economic and monetary union by 1999 for all EU states except the UK and Denmark (even though Denmark has a fixed exchange rate policy with the euro).
In 1999 the currency was born virtually and in 2002 notes and coins began to circulate. It rapidly took over from the former national currencies and slowly expanded behind the rest of the EU. In 2009 the Lisbon Treaty formalised its...