http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/ Discussion of Forex Trading and Currency Trading Tue, 22 May 2012 23:58:04 +0000 http://wordpress.org/?v=2.3.3 http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/#comment-11858 The Dude Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/#comment-11858 Good Question.... let me know, eh? Good Question…. let me know, eh?

]]> http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/#comment-11859 goodenergy Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/#comment-11859 The country has to be accepted into the European Union first. All countries currently in the union have to accept the new country wishing to join. The country wishing to join has to be willing to follow all rules of eu. I'm german, but don't know more than that or have sources. Sorry The country has to be accepted into the European Union first. All countries currently in the union have to accept the new country wishing to join. The country wishing to join has to be willing to follow all rules of eu.
I'm german, but don't know more than that or have sources. Sorry

]]> http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/#comment-11860 dsu318 Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/#comment-11860 A country must first be a member of the EU, where there is a process to become a member, just ask any of the former communist countries in Eastern Europe. After that, in order to become a member of what's called the Euro Zone, where they use the Euro as their currency, a country must be macroeconomically stable. There's no exact definition for that, but it generally means that public debt is kept at a manageable level and inflation is at a reasonable level too. The Euro Zone countries don't want to let in a financially unstable country because that obviously would cause all sorts of problems. A country must first be a member of the EU, where there is a process to become a member, just ask any of the former communist countries in Eastern Europe. After that, in order to become a member of what's called the Euro Zone, where they use the Euro as their currency, a country must be macroeconomically stable. There's no exact definition for that, but it generally means that public debt is kept at a manageable level and inflation is at a reasonable level too. The Euro Zone countries don't want to let in a financially unstable country because that obviously would cause all sorts of problems.

]]> http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/#comment-11861 Tom Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/03/01/how-does-a-country-become-a-euro-using-country-using-the-euro-as-their-main-currency/#comment-11861 A country must be part of the European Union first, and must apply for admission. There are certain requirements for admission, however I am not sure of what they are. A country must be part of the European Union first, and must apply for admission. There are certain requirements for admission, however I am not sure of what they are.

]]>