WHEN the euro was introduced just after midnight on January 1, 2002, celebratory fireworks exploded above the European Central Bank headquarters in Frankfurt. The Pont Neuf in Paris was lit up in European Union blue, with 12 rays of light to symbolise the 12 nations circulating the euro.
Ten years later, the word ''euro'' in a headline is usually paired with the word ''crisis''. Policymakers appear to be staying as quiet as possible, as if hoping not to upset the brief calm that has come with the holiday season after European central bankers injected nearly $US640 billion ($A627 billion) into the system last month.
read more...
Ten years later, the word ''euro'' in a headline is usually paired with the word ''crisis''. Policymakers appear to be staying as quiet as possible, as if hoping not to upset the brief calm that has come with the holiday season after European central bankers injected nearly $US640 billion ($A627 billion) into the system last month.
read more...
No comments:
Post a Comment