Other EU
The Euro Explained: The History & How Countries Join – TLDR Explains
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The Euro has been the official currency of many EU nations for about two decades, so our Patreon audience’s request we’re going to discuss how countries join the single currency and the history of the Euro.
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@fotis1964
March 2, 2024 at 1:00 pm
Euro coin is the gun of Germans to rule Europe. As a Greek i consider eurozone the biggest crime organisation.
For sure the so called greek debt crisis is fake. Is a fraud. ECB count as public debt the collateral bonds greek state published for banks.
Helmut Schmidt one of the co-founders of EU was very critical for what ended to be. Among others EU is very racist blaming Greeks for lazy and being corrupt.
I wish Greece exit eurozone and stay in EU only for it's benefit otherwise exit from EU as well.
@SaitamaLover
March 2, 2024 at 1:00 pm
According to international monetary economics we are not an optimal currency area (OCA) and we lose more than we gain according to it. But it doesn't mean that we cannot be in the future. If we cooperate and put our stupid differences and egos aside. The euro can outperform single currencies enormously. Right now it isn't really.
@thesecondsilvereich7828
March 2, 2024 at 1:00 pm
Germany 4th reich
@juliagilbert2628
March 2, 2024 at 1:00 pm
Hi there CLONEBILLZ10 👉@ T£L€GR@// I recieved my order (counterfeit bank notes) today, very good delivery times,everything was fine,thanks,and i will be in touch to purchase again..
@joecaruso06
March 2, 2024 at 1:00 pm
I know how dependent smaller countries in the eurozone are on dependent on trading with the euro and how European economies are interconnected. A fight for individual control over monetary policy is quite confusing. Then again, I won't claim to know enough. As much as I believe a nation's growth and an economic recession are related and how economic downturns are natural, now is the moment to rethink the policies that are to blame especially with the ECB increasing rates and making loan repayments harder for the basic people. In either case, I'm happy I sold the vast majority of my euro holding at a premium. Can't risk the dollar drawdown alongside the euro.
@CaesarAugustus.
March 2, 2024 at 1:00 pm
"Eurozone countries must aim to keep their nation's debt to less than 60% of GDP."
The US with a 123% Debt-to-GDP ratio: that's cute.
@metiupapluch
March 2, 2024 at 1:00 pm
Bulgaria is 2024
@WeirdFlame
March 2, 2024 at 1:00 pm
Looks like Bulgaria is pushed to January 2024
@jacobkilstrom
March 2, 2024 at 1:00 pm
Something I think is a bit interresting is that several of the more recent members of the euro zone are countries that have got independet from biggers countries like Estonia, Latvia, Lithaunia (Sovjet Union), Slovakia (Czechoslovakia), Slovenia and soon even Croatia (Yugoslavia).
@pauliewalnuts5803
March 2, 2024 at 1:00 pm
Sterling much better
@naon7756
March 2, 2024 at 1:00 pm
A few months ago I started collecting Euro coins, grouped by country and year. I already have almost €200 in total in different currencies. if anyone wants to trade, i'm available
@Michal10
March 2, 2024 at 1:00 pm
The euro can only suit rich Germans with salaries that we can only dream of and that we will never have.
@Michal10
March 2, 2024 at 1:00 pm
I am interested in the opinion of low-income EU citizens on how they live and shop with the euro. I don't know a Slovak who would praise the Euro. Everyone lived better with the Slovak crown. The only Slovaks who are satisfied with the Euro are the rich Slovaks. We do not have the Euro and I am glad for that.
@Michal10
March 2, 2024 at 1:00 pm
The euro is not for the benefit of the individual, but of the rich and entrepreneurs. It is more of a political tool than an economic one. If countries kept their currencies and the Euro was used in foreign trade outside Europe, it would be far more advantageous. Central banks would protect their own people from inflation, but as a Union, we would have better deals with the Euro. If we could make it PetroEuro and compete with the dollar, we would be in a better economic and political situation, with Europe playing a better role in the world, regardless of its alliance with the United States.
@superyamky
March 2, 2024 at 1:00 pm
Switching from currency to currency when going from a country to another one is kinda getting annoying to me to do that all the time
@Passque666
March 2, 2024 at 1:00 pm
The Copenhagen criteria—which even the Copenhagen establishment doesn’t agree.
@LAUSDBus7950
March 2, 2024 at 1:00 pm
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@JFKennedy-wy5ez
March 2, 2024 at 1:00 pm
When I travel to Cuba I use the euro. The dollar is ban and other currencies are weaker
@rajeebsatyal9292
March 2, 2024 at 1:00 pm
Hello what's the best way to get started with trade cos I've been making my personal research for a while now and i still don't know how to start.
@SAMEERTHIGALE
March 2, 2024 at 1:00 pm
Loved this video
@cityzens634
March 2, 2024 at 1:00 pm
The euro was created so Germany would have a weaker currency so it could sell its products more cheaply
@janschmitz4006
March 2, 2024 at 1:00 pm
Czechia doesn’t want Euro just because populist in our country made from it something bad… but the population who usually travel or live near German/Austrian or Slovak border want it as our head economists… because it’s just make living in Europe better!
@isonsky
March 2, 2024 at 1:00 pm
where is the map at 10:53 from?
i wanna use it in a paper but can't seem to find it
@nigelseymour4850
March 2, 2024 at 1:00 pm
Can you shed any light on why 8 EU countries are still not part of the eurozone? Given Brexit, I would have thought the EU would be welcoming as many as they can to join the 'secondary' club? I recall Croatia were keen, if not desperate, to push this through being the latest addition to the 'primary' club but it all seems to have grinded to a halt…
Thanks
@kushalj.manjesh2307
March 2, 2024 at 1:00 pm
Yes, I want to know about the pros and cons of the Euro.
@nickylove7768
March 2, 2024 at 1:00 pm
Mr John david is the best, recommending him to all beginners who wants to recover losses like I did
@seanhill8612
March 2, 2024 at 1:00 pm
Investing in crypto is the best way to earn financial freedom.
@wantokamerica4105
March 2, 2024 at 1:00 pm
Back in the pre-€ 1970s we lived in Germany near the French border. One Sunday our father drove us across the border for lunch. On the way home my sister has to go to the toilet urgently. Our parents didn't have enough French coins to put in the door of the toilet stall, so my poor sister had to crawl under the tiny opening on a nasty floor to get in. If we'd had the € back then, her dignity (and hygiene) would have been saved.
@Skylla54
March 2, 2024 at 1:00 pm
I was 7, saw a big 2000 and a euro sign in the sky.
My bank provided me with a lot of 2Euro chocolates.
I dont know what were the costs, but great memories.
@V3rciS
March 2, 2024 at 1:00 pm
As an economist, I do like the EURO. Best thing ever happened.
@ermdzakir4334
March 2, 2024 at 1:00 pm
For Knowledge STAW