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A study on Euro

A study on Euro

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Published by pratik14k

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Categories:Types, Business/Law
Published by: pratik14k on Jan 07, 2010
Copyright:Attribution Non-commercial

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09/14/2010

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A study on Euro on theA study on Euro on theverge of (dis)integeration`verge of (dis)integeration`
ByBy
Pratik Meshram [ RollPratik Meshram [ Rollno. : 1]no. : 1]Adithya [ Roll no. : 21]Adithya [ Roll no. : 21]Saranyan N [ Roll no. :Saranyan N [ Roll no. :38]38]
1
 
What does this studytalk about
Concept of Euro
Evolution of Euro
Its Political and Economicalimplications on the membernations
2
 
Concept Of Euro
Created on 1
st
Jan 1999 under Franco-German initiative
Objectives
 –
Stabilizing exchange rate
 –
Reducing inflation
 –
Monetary integration
 –
Convergence into a single market
European Central Bank (ECB) took the responsibility of formulating monetary policy and interest rate of Euroon 1
st
January 2002
ECB ensured that the transition to Euro was smooth
3

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