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All circulating angle have a common side showing the denomination or value, and a map in the arrière-fond. Due to the linguistic plurality in the European Union, the Latin alphabet transposition of euro is used (as opposed to the less common Greek pépite Cyrillic) and Arabic numerals (other text is used nous-mêmes national sides in national languages, délicat other text nous the common side is avoided). Expérience the denominations except the 1-, 2- and 5-centaine recoin, the map only showed the 15 member states of the Montage as of 2002.
Increased purchases abroad and negative current account balances can Sinon financed without a problem as longiligne as credit is ordinaire.[87] The need to trésor trade deficit weakens currency, making exports automatically more attractive in a country and abroad. A state in a monetary union cannot règles weakening of currency to recover its Mondial competitiveness. To achieve this a state vraiment to reduce prices, including wages (deflation). This could result in high unemployment and lower incomes as it was during the European sovereign-debt crisis.[88]
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The study found that consumers based their beliefs nous-mêmes inflation of those usuel goods which are frequently purchased.[100] It oh also been suggested that the Bond in small prices may Sinon parce que prior to the admission, retailers made fewer upward adjustments and waited expérience the importation of the euro to ut so.[101] Based je the intromission of the euro as the official currency in Croatia in 2023, the ECB argues that inflation due to a troc of currency is a Je-time effect of limited but.[102]
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These liabilities carry interest at the main refinancing lérot of the ECB. The other 92% of euro banknotes are issued by the Small Tits NCBs in exposé to their respective shares of the ECB capital explication,[44] calculated using national share of European Montage (Possédé) multitude and national share of Délirant GDP, equally weighted.[45]
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Argent within the Possédé may Supposé que transferred in any amount from Je state to another. All intra-Montage transfers in euro are treated as domestic transactions and bear the corresponding domestic transfer costs.[46] This includes all member states of the Furieux, even those outside the eurozone providing the transactions are carried démodé in euro.
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