BNET Business Dictionary
Business Definition for: Euro
- the currency of 12 member nations of the European Union. The Euro was introduced in 1999, when the first 11 countries to adopt it joined together in an Economic and Monetary Union and tied their currencies' exchange rate to the Euro. Notes and coins were brought into general circulation in January 2002, although banks and other financial institutions had before that time carried out transactions in Euros.
Wiktionary Definition for: Euro
- alternative spelling of euro
- #euro (''currency'')
Additional Resources
- Euro Replaces Digitas as IBM's Global Digital Agency
- NEW YORK (AdAge.com) -- IBM is shifting global digital duties on its $1.25 billion ad account to Havas' Euro RSCG from Publicis Groupe's Digitas, the tech giant's lead digital agency for more than a decade. John Kennedy, VP-corporate marketing at IBM, cited Euro's "deep digital expertise," as well as the...
- News items 2009-11-09
- Pound hits all-time low vs euro
- By Naomi Tajitsu LONDON (Reuters) - Sterling hit a record low against the euro and a basket of currencies on Monday, stung by an ongoing view that the weak UK economy will require more interest rate cuts. The euro climbed to 97.98 pence in extremely thin trade, edging closer to...
- News items 2009-08-07
- Greek Troubles Continue to Weigh on the Euro
- Marc Chandler submits:The pressures on Greece continue to increase and this fact is reflected in the credit default swaps and the country's interest rate spread over Germany. Indeed, that is a key development in the euro zone over the past month. Greece yields have risen above Ireland, which had been...
- External links 2009-11-24
- Euro Options and the Spot Market
- Marc Chandler submits:The options market can often shed light on spot market activity. Indicative pricing in the options market suggests that while the euro is nearing the highs for the year, many participants seem unusually nervous. Often the options market moves in tandem with spot, so in a rising market...
- External links 2009-11-11
- Intra- and Extra-Euro Area Import Demand for Manufactures
- The main objective of this paper is to improve the understanding of the key determinants of intra- and extra-euro area imports. For this purpose, one derives a theoretical model for an importing firm based in the euro area which can purchase its inputs from the home market, from the euro...
- White papers 2002-08-26
- EURO DISNEY SCA - KARL HOLZ TO ASSUME TOP DUTIES AT EURO DISNEY.
- KARL HOLZ TO ASSUME TOP DUTIES AT EURO DISNEY (Marne-la-Vallee, May 19,...
- Research articles 2005-05-19
- MSCI Pan-Euro And Euro Indices May 2005 Annual Index Review
- GENEVA -- MSCI, a leading provider of international equity, US equity, fixed income and hedge fund indices, announced today changes to the MSCI Pan-Euro and Euro Indices that will be effective as of the close of May 31, 2005. These changes result from the May 2005 Annual Index Review. The...
- Research articles 2005-05-12
- MSCI Pan-Euro and Euro Indices May 2006 Annual Index Review
- GENEVA -- MSCI Barra, a leading provider of benchmark indices and risk management analytics products, announced today changes to the MSCI Pan-Euro and Euro Indices that will be effective as of the close of May 31, 2006. These changes result from the May 2006 Annual Index Review. The full list...
- Research articles 2006-05-10
- Keeping Your Head Above Zero with Euro-Dollars
- Matthew Bradbard submits: Euro-dollars are deposits denominated in US dollars at banks outside the US, and thus are not under the jurisdiction of the Federal Reserve. Consequently, such deposits are subject to much less regulation than similar deposits within the US, allowing for higher margins. There is nothing "European"...
- External links 2009-02-13
- Rydex Investments Launches New Euro Currency Exchange Traded Product on New York Stock Exchange
- Rydex Investments today announced that shares of the Euro Currency Trust, a currency-based exchange-traded product, will begin trading today on the New York Stock Exchange. Shares of the Trust will be called "Euro CurrencySharesSM" and trade under the ticker symbol FXE. Euro CurrencyShares will track the price of the euro....
- Research articles 2005-12-12
- Capital Markets: Team Of The Month - Deutsche Rides On Wave Of Euro Deals - Deutsche Bank's Successful Euro Issuance For Brazil Helped The Dollar Market To Rally, Setting The Stage For It To Do Subsequent Dollar And Euro Deals For A Diverse Range Of Issue
- The Greeks may have won Euro 2004 but the Germans are firmly in the lead when it comes to euro issuance out of Latin America. In the past few months, Deutsche Bank's debt capital markets team has been on a winning streak that has enabled it to...
- Research articles 2005-05-01
- EURO DISNEY SCA - Re Cancellation of listing of securities.
- EURO DISNEY S.C.A. Cancellation of listing of securities of Euro Disney S.C.A. (Marne-la-Vallee, September 30, 2005) Further to the announcement on July 21, 2005, Euro Disney S.C.A. (the "Company" ...
- Research articles 2005-09-30
- EURO-ZONE ENLARGEMENT : CYPRUS PREPARES FOR THE EURO
- Europe Information 07-04-2006 The European Commission on 30 June authorised Cyprus to begin preparations to adopt the euro. This means that Cyprus will be allowed to mint a million test pieces of each type of euro coin. Cyprus requested permission, on May 23, to initiate technical preparations for the minting...
- Research articles 2006-07-04
- -BAAN: Leading bank uses Baan CD to make customers Euro compliant
- M2 PRESSWIRE-18 June 1998-BAAN: Leading bank uses Baan CD to make customers Euro compliant C1994-98 M2 COMMUNICATIONS LTD RDATE:180698 -- Leading Netherlands bank helps customers prepare for the euro with new Baan Euro CD-ROM ABN AMRO Bank, the leading bank in the Netherlands, is to offer...
- Research articles 1998-06-18
- BAAN: Leading Netherlands bank helps customers prepare for the euro with new Baan Euro CD-ROM
- M2 PRESSWIRE-22 June 1998-BAAN: Leading Netherlands bank helps customers prepare for the euro with new Baan Euro CD-ROM C1994-98 M2 COMMUNICATIONS LTD RDATE:190698 Ede, The Netherlands - ABN AMRO Bank, the leading bank in the Netherlands, is to offer its customers a straightforward approach to...
- Research articles 1998-06-22
- EURO-ZONE ENLARGEMENT : CYPRUS PREPARES FOR THE EURO.
- The European Commission on 30 June authorised Cyprus to begin preparations to adopt the euro. This means that Cyprus will be allowed to mint a million test pieces of each type of euro coin. Cyprus requested permission, on May 23, to initiate technical preparations...
- Research articles 2006-07-27
- How Has the Euro Fared After Ten Years?
- Jeffrey Frankel submits: January 1, 2009, is the tenth birthday of the euro. On this occasion, everyone has been taking stock. The record of the euro shows both pluses and minuses. Looking back, the euro has in many ways been more successful than predicted by the skeptics — many...
- External links 2008-12-24
- Euro launched. (In Brief).(Brief Article)(Statistical Data Included)
- The euro currency was officially launched last week as euro notes and coins were introduced. More than 6 billion euro banknotes worth roughly [euro]132 billion and more than 37.5 billion euro coins with a total value of [euro]12.4 billion were frontloaded by December 31, 2001, according...
- Research articles 2002-01-07
- ENDESA To Invest Euro 3.429 Billion in 2005, 7% More Than in 2004
- NEW YORK -- ENDESA (NYSE:ELE) --73% of the total figure (Euro 2.5 billion) is earmarked for Spain and Portugal, 15.5% will be spent on Latin America and 11.5% on Europe. --Of the Euro 2.5 billion earmarked for Spain and Portugal, Euro 1.327 billion will be invested in the...
- Research articles 2005-07-06
- Golden Star Announces Sale of Four Million Shares of EURO Ressources S.A. and Confirms Its Reduced Gold Calls Position
- DENVER -- Golden Star Resources Ltd. (AMEX:GSS) (TSX:GSC) today announced that it has sold four million shares of EURO Ressources S.A. ("EURO") in a private transaction. This sale resulted in the reduction of Golden Star's ownership interest in EURO to approximately 43%, and it is expected that EURO should cease...
- Research articles 2006-06-19
