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In the night between the 2nd
and the 3rd of May 1998 is born Euroland, the European
region
that, since January 1999, use the common money. This region is constituted by 11
States that are in compliance with the Maastricht's treaty conditions relevant with the
inflation, the public debt and their money's parameters inside the European monetary
system: France, Germany, Spain, Portugal, Ireland, Ostrich, Finland, Belgium,
Nederland, Luxembourg and Italy.
Of the others four Countries in
European union, Greece will still out because not yet in compliance with
the most important requirements, while the others three, England, Denmark and Sweden, decided by themselves to be out of the first group. Greece should be
inside in the Year 2001. The others three must solve their public opinion perplexity. This
will happen for sure, if euro operation will result a success since the beginning.
Euroland is an economic reality that
include a
citizen's community of 290 millions against the 268 of
United States and the 126 millions of Japan. The European's gross
internal product world's quote is 19,4% against the 19,6%
of the United States and the 7,7% of Japan. The European's gross internal
product amount is above 5.900 billion dollars against 8.000
of United States and 3.000 of Japan. Euroland, moreover, is responsible
of the 18,6% of world's commerce (without the internal) against the 16,6%
of U.S. and the 8,2% of Japan.
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