The EuroPaul Temperton The introduction of the single European currency is the most important development in financial markets. This book, drawing on a wide range of expert contributors, addresses the impact the Euro will have on national economies, banks, and European money markets and investors. The text is written in an accessible style which will appeal to finance and business readers who need to know about this radical change in European finances. |
Common terms and phrases
adopted Article average Belgian franc Belgium benchmark bond market Bundesbank capital cent of GDP central rates Chapter competitiveness conversion rates costs countries criteria current account Czech koruna denominated Deutschemark devaluation dollar economic euro area euro unit euro-style Europe Europe's European Central Bank European currencies European monetary European Union exchange rate exports Figure financial markets Finland fiscal policy fixed foreign exchange market Forex reserve French franc Germany Governing Council government bond growth inflation introduction investors Ireland Irish pound issues Italy January joining EMU koruna Lamfalussy Rule legal instruments legal tender Maastricht Treaty monetary policy monetary union national central banks national currency unit Netherlands participating currencies participating Member payments period Phase Portugal preannouncement provisions public debt re-denomination Regulation relative risk sector short-term single currency Spain Stability Pact sterling swaps Sweden target trade transactions unit of account whereas