United Nations European Union Food and Agriculture Organization of the United Nations International Monetary Fund Organisation for Economic Co-operation and Development The World Bank. 2014. , System of Environmental-Economic Accounting 2012 Central Framework. eISBN: 978-92-1-055926-3
Austrian Currency ~ The Euro. As a member of the European Union, Austria is also part of the Economic and Monetary Union – which introduced the Euro as the common currency. The following Euro-banknotes and coins are in circulation since January 2002: Banknotes with facevalues of 5, 10, 20, 50, 100, 200 and 500 €. Coins of 1 and 2 € denominations as well as 1, 2, 5, 10, 20 and 50 cents. #Vienna #Euro #Currency
Fundamental News • Asia FX hit by views dollar weakness won’t last long; yuan at 1-week high as state banks buy • German Brandenburg CPI Nov mm +0.1% vs +0.2% prev. • China’s yuan firms as state banks support for second day. • European Monetary Union Consumer Confidence in line with expectations (-6.1) in November.
Fundamental News • Dollar retreats from peaks, euro boosted by Fillon win. • Greenback retreats as Treasury yields dip, China banks seen selling dollars. • European Monetary Union M3 Money Supply (3m) down to 4.8% in October from previous 5%. • Italy Business Confidence: 102 (November) vs previous 103.
d the Weak Suffer What They Must? Yanis Varoufakis argues that unless the European Union corrects its inherently flawed monetary system, the fate of the euro will continue to be doomed. By providing readers with an in-depth political history of the European Union and the development of the euro, Varoufakis illustrates how the causes of the recent debt crisis date back to WWII.