Questions tagged [euro]

Questions relating to the official currency of the euro area.

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19
votes
3answers
2k views

Why was having a common currency in the EU seen as necessary?

When it was introduced, the € (Euro) was supposed to be the common currency for the entire EU, even if it turned out many countries (such as the UK) would stay in the EU without using the € currency, ...
11
votes
4answers
2k views

Under EU law, can Scotland remain or be re-admitted to the EU after Brexit while still a part of the UK?

Newspaper reports yesterday said that the Scottish First Minister and leader of the Scottish National Party, Nicola Sturgeon, had lobbied EU members to support Scotland's remain bid. After Scotland ...
11
votes
2answers
890 views

Is there any indication that the Euro rate is being politically manipulated?

In a recent (August 20, 2018) interview for Reuters about international politics, the president of the United States of America Donald J. Trump stated (emphasis mine): ON CHINA AND EUROPEAN UNION ...
9
votes
2answers
515 views

Can an EU member officially give up pursuing Euro/Eurozone?

I often see/hear in the media about joining Eurozone in my country (Romania). AFAIK criteria for joining this zone are mostly technical, namely convergence criteria which mostly seem to be related to: ...
5
votes
1answer
570 views

Why does the EU allow members to use the ERM II loophole in order to avoid adopting the euro?

Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania and Sweden are currently the EU states which are obliged to adopt the Euro, but haven't done so yet. The reason why those states are able to ...