THE EURO AREA ECONOMY

I economy of the euro area.

Euro area Member States benefit because economy benefit because

Euro area

Euro area

Keeping to them ensures sufficient alignment for a sustainable and stable euro area economy.

Euro area countries

EURO AREA COUNTRIES

Euro area countries

The euro area

Austria's economy performed solidly throughout the 1990s, roughly in line with EU and Euro Area averages.

Inflation convergence euro area

Euro banknotes are the same throughout the euro area.

THE EVOLUTION OF THE EURO AREA

THE EVOLUTION OF THE EURO AREA

9Looking forward to euro area enlargement ............................................................

And the euro is readily exchanged in many countries outside the euro area as well up to 20 of euro banknotes are estimated to circulate outside the euro area.

Ten year government bonds in the Euro area yielded 3.54 , while the Euro area inflation rate was 1.9 .

Greece joins the euro area in 2001.

e euro area facts and figures figures

In the euro area, things are different.

Inflation convergence euro area 12 (annual increases)

Estonia the euro area on 1 Januar

Export growth in the euro area weakened against the background of a moderate slowdown in the global economy and deteriorating price competitiveness due to the appreciation of the euro.

Euro area countries share a single currency, with

Define the future governance of the euro area.

Direct debits from anywhere in the euro area

Euro banknotes and coins were launched all over the euro area on 1 January 2002.

Euro area. Cyprus and Malta will join on 1 January 2008 e euro is the single currency of 13 EU Member States, which together make up the euro area.

Use your debit card anywhere in the euro area

The euro denominated interbank market Is now fully Integrated, with interest rates throughout the euro area convergent on Euribor but maintain separate budgetary authorities (euro area countries' governments) separate economic policies.

If the British economy and the Euro zone economy are both doing well, the economic case for British membership is obviously weak. The same is true if the British economy and the Euro zone economy are both doing badly.

The same is true if the British economy and the Euro zone economy are both doing badly.

All Member States have committed to adopt the euro except the United Kingdom and e euro is the currency of the euro area Member have adopted the euro?

Inflation in the euro area was then slightly above 2 .

Only EU members can be part of the euro area.

Only one bank account needed for the whole euro area

Sixteen million jobs have been created in the euro area.

Euro coins are issued by the Member States of the euro area in volumes approved by the ECB.

Many people outside the euro area use the euro as a parallel currency, for example for their savings.

But they could hardly be expected to vote for Euro membership on purely economic grounds at a time when the Swedish economy was doing better than the Euro economy.

A weakening US economy and the strengthening Euro will dampen European exports.

The European Central Bank and National Central Banks of euro area countries decide and implement monetary policy for the euro area. The primary objective is price stability.

The phasing in of SEPA (Single Euro Payments Area) during 2008 and 2009 will eliminate differences in the euro area between national and cross border retail payments.

Enlargement of the euro area promises to spur further financial integration.