Min episk væg - eurozone by Frederikke Rasmussen https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0 Lavet med en smule forstand en-us 2018-05-17 06:49:26 UTC 2018-05-18 06:23:33 UTC hello@padlet.com Eurozone jokke_falk39 https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261473761 Denmark, Sweden, (Great Britain), Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, in EU, not in Eurozone.

Non-EU members using the Euro. Andorra, Monaco, San Marino and Vatican City, Kosovo and Montenegro]]> 2018-05-17 06:55:58 UTC https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261473761 "The eurozone is a geographic and economic region that consists of all the European Union (EU) countries that have fully incorporated the euro as their national currency" anitha_kruse_rasmussen https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261732592 2018-05-17 19:52:59 UTC https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261732592 An example of how the Eurozone might be an advantage for the member states: anitha_kruse_rasmussen https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261733480
Greece had a huge debt a few years back and asked for help from their European partners. The Eurozone therefore granted them a loan. ]]> 2018-05-17 19:56:17 UTC https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261733480 Pros sasc0630 https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261734354 - Trade within the Eurozone is easier, because of free trade agreement. 
- Less costly to trade with other Eurozone countries, since they have the same valuta. 
- Trade regulations that prevents one company or country to have competitive advantages. 
- More choice and stable prices for consumers and citizens]]> 2018-05-17 19:59:46 UTC https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261734354 Known as a common market for trade: anitha_kruse_rasmussen https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261734414 - Free movement of capital between member states
- Free movement of labour
- Free movement of goods
- Free movement of services]]> 2018-05-17 20:00:05 UTC https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261734414 Cons anitha_kruse_rasmussen https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261737171 - Loss of national sovereignty
- Very costly to introduce the currency (accounting systems, software, printed materials, signs, vending machines, parking meters, phone booths, and every other type of machine that accepts currency)
- The euro makes interest-rate adjustments by individual countries impossible, it is adjusted by the European central bank.


]]> 2018-05-17 20:13:37 UTC https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261737171 Pegged to Eurozone carl_voetmann https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261742927 Both Denmark and Bulgaria have their own currency. However their currency is pegged to the Euro, meaning they will follow a certain trend. 
Denmark, 1 Euro = 7,46 DKK
Bulgaria, 1 Euro = 1,95 BUL
With a nominal change of 2,25%]]> 2018-05-17 20:40:32 UTC https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261742927 Criteria for using the Euro carl_voetmann https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261744997 - limitations for budget deficits and public debt,
- exchange rate stability,
- inflation rates within 1.5% of 3 EU countries with the lowest rate, and 
- long term interest rates within 2% of the three lowest rates in the EU. 
]]> 2018-05-17 20:50:40 UTC https://padlet.com/anitha_kruse_rasmussen/x7gj4wz9zun0/wish/261744997