Since 2002, many European countries payment is the ‘Euro’. But there are not only advantages, due to the transnational currency merger, but also disadvantages. In this video clip we introduces some of the pros and cons to you.
Check out part 1: “European Monetary Union explained”: https://youtu.be/StZhbA7HMcQ
As of January 2018
The 19 Euro countries include: Belgium, Germany, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Austria, Portugal, Slovakia, Slovenia, Spain, Cyprus
“Non-EU countries using the euro include Andorra, Monaco, San Marino, Vatican City, Montenegro and Kosovo. Furthermore, the non-EU territories Saint-Pierre and Miquelon and Saint Barthélemy use the ‘Euro’. In the military bases Akrotiri and Decelia in Cyprus, which are under British sovereignty and also do not belong to the EU, is paid only with the ‘Euro’.”*
* Source: Wikipedia
Download the transcript of this video: www.explainity.com/education-project/transskripte/
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