- published: 08 Jul 2015
- views: 217036
The eurozone ( pronunciation ), officially called the euro area, is a monetary union of 19 of the 28 European Union (EU) member states which have adopted the euro (€) as their common currency and sole legal tender. The other nine members of the European Union continue to use their own national currencies.
The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Other EU states (except for Denmark and the United Kingdom) are obliged to join once they meet the criteria to do so. No state has left, and there are no provisions to do so or to be expelled.Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency and issue their own coins.Kosovo and Montenegro have adopted the euro unilaterally, but these countries do not officially form part of the eurozone and do not have representation in the European Central Bank (ECB) or in the Eurogroup.
Yanis Varoufakis (Greek: Ιωάννης "Γιάνης" Βαρουφάκης,pronounced [ˈʝanis varuˈfacis]; born 24 March 1961) is an academic economist who was a member of the Greek parliament between January and September 2015. He represented the ruling Syriza party and held the position of Minister of Finance for seven months. He voted against the terms of the third bailout package for Greece. In December 2015 he announced plans to launch a pan-European movement the following February.
Varoufakis is a participant in the current debates on the global and European crisis, the author of The Global Minotaur and several academic texts on economics and game theory, Professor of Economic Theory at the University of Athens and a private consultant for Valve Corporation. He is a dual Greek-Australian citizen and describes himself as a 'libertarian Marxist': "In truth, Karl Marx was responsible for framing my perspective of the world we live in, from my childhood to this day. It is not something that I volunteer to talk about in 'polite society' much these days because the very mention of the M-word switches audiences off."
What's Life Really Like In An Economic Panic? https://www.youtube.com/watch?v=58s_bp93trE Subscribe! http://bitly.com/1iLOHml In June, Greece defaulted on its loan payment, sending doubts on the future of the Euro. So, we wanted to know, was the Eurozone a bad idea? Learn More: Why the Euro Is Doomed in 4 Steps http://www.theatlantic.com/business/archive/2013/03/why-the-euro-is-doomed-in-4-steps/274470/ "We're going to need a bigger acronym." The Euro http://ec.europa.eu/economy_finance/euro/index_en.htm "The euro is the single currency shared by 19 of the European Union's Member States, which together make up the euro area." European Central Bank (ECB) http://europa.eu/about-eu/institutions-bodies/ecb/index_en.htm "Role: To manage the euro, keep prices stable and...
After WWI, Europe's leaders established greater economic ties to help prevent future continental conflict. Now, more than half a century later, the EU faces the biggest financial crisis in its history with future of the eurozone itself is under question. How did the 2008 global recession contribute to the development of the euro crisis? The health of the euro affects and is affected by the state of the global economy. How can European Union leaders prevent the collapse of the common currency? Full episode from the Great Decisions PBS series: http://www.greatdecisionsonpbs.com/ Visit our website for more information: http://www.fpa.org/ Narrated by Academy Award nominated actor David Strathairn and produced by the Foreign Policy Association, each half-hour episode of the Great Decisions...
In today's video, Christopher Greene of AMTV explains the Economic Collapse 2016. Cashcutoff.com!! http://www.amtvmedia.com/re-direct-brexit-to-collapse-eurozone-warning/ Website: http://www.amtvmedia.com/ On Demand: https://amtvmedia.vhx.tv/ Store: http://store.amtvmedia.com/ Facebook: http://facebook.com/amtvmedia Twitter: http://twitter.com/amtvmedia Google+: https://plus.google.com/u/0/b/107455227743332595314/107455227743332595314/posts Check out our sponsor Bonner & Partners today! MUST-SEE VIDEO FOR AMERICANS USING THE DOLLAR Sponsor link: http://www.amtvmedia.com/re-direct-brexit-to-collapse-eurozone-warning/ *Don't Wait! Claim your full intelligence file right away... This is NOT available in stores or anywhere else... Copyright © 2016 AMTV. All rights reserved.
Mark Blyth, Brown University Eastman Professor of Political Economy, speaks to the AUP community on the future of the Eurozone. Professor Blyth is the acclaimed author of the 2012 book "Austerity: The History of a Dangerous Idea". His talk addresses some of the challenging questions facing the European Union and by definition the global economy. Will Greece emerge from the insolvency ward of the monetary hospice? Is the future of the euro secure? What about the Eurozone itself? What are the various economic and political factors at play? Hear from a renowned international economist on this very timely and important topic. This version of the event includes the slides from his presentation.
No country in Europe has been hit harder by the 2008 global economic crisis and subsequent downturn than Greece. After years of polarizing austerity measures and fears of a Greek exit from the Eurozone, the country is slowly emerging from an extended period of economic instability. The Greek recovery, however, is far from over. Yanis Varoufakis served as Greek finance minister from January through July 2015 and opposed the EU’s third and final bailout agreement for Greece. He will discuss how the Greek economy is faring today and how the Eurozone crisis affected the rest of the global economy. What lessons have been learned about the risks and benefits of a shared economic system? How can we protect those most vulnerable to economic shocks from another economic crisis? Speaker Yanis Varou...
Feb. 12 (Bloomberg) -- At the heart of the European debt crisis is the euro, the currency that tied together 18 countries in an intimate manner. So when one country teeters on the brink of. Fact: America's national debt stands at $17 trillion. That's a tough number to grasp. Most people will never come close to making $1 million in any given year. How can we understand the magnitude. A short, visual explanation of Japan's debt crisis by @affalytics ( The latest on Japan's Debt Problem: Donate Bitcoin to support our.
Greece is in a state of economic and financial crisis that's dominated global headlines this week. Vox's Matt Yglesias explains the real roots of the crisis. For our more on the Greek crisis: http://www.vox.com/cards/eurozone-crisis Subscribe to our channel! http://goo.gl/0bsAjO Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. Check out our full video catalog: http://goo.gl/IZONyE Follow Vox on Twitter: http://goo.gl/XFrZ5H Or on Facebook: http://goo.gl/U2g06o
Eurozone Job Worries!!
How to pronounce Eurozone
This video is about deflation in the eurozone
Democratising the Eurozone -Yanis Varoufakis
brokeness brings forth unknown beauty; untouched the shells of the lost; while stubborn, selfish mankind still ready to be cast in costs; as the crown of all creation, a princeless bride confused and scattered but hiding the sickness inside