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Euros in sentence

274 examples of Euros in a sentence

Wherever you look, the price tag put on Europe these days is calculated in euros and cents and no longer in political and historical currency.
The five countries in trouble will need to place tens of billions of euros in new debt and roll over even larger amounts of old debt.
The European Central Bank managed to relieve an incipient credit crunch through its long-term refinancing operation (LTRO), which lent over a trillion euros to eurozone banks at one percent.
Investors search for regular small gains punctuated by occasional large losses, an approach exemplified by the carry trade by which investors borrowed euros in Germany and France to lend in Greece and Portugal.
Foreseeing this, depositors would have responded to the announcement of a referendum by immediately withdrawing their euros in cash or by wiring them to Frankfurt, Paris, New York, or elsewhere.
So the former promises to deliver euros next June 1, while the latter promises to deliver yen.
Even if the Greek government decides to pay wages and pensions by printing its own IOUs or “new drachmas,” the European Court of Justice will rule that all domestic debts and bank deposits must be repaid in euros.
On the fringes of public opinion, some people are even muttering suggestions that their countries should revert to their ancient national currencies – which of course would only bring disaster in the form of an even more confusing state of affairs, as EU countries are indebted in euros.
Some scientists have argued that the neutron irradiation in IFMIF won’t be the same as in fusion reactors, but it should be noted that its cost, at one billion euros, will be one-tenth that of ITER.
In fact, ITER is a big instrument for fundamental research, so its €500 million Euros annual cost needs to be compared with similar scientific initiatives, such as the European Organization for Nuclear Research (CERN), which costs one billion Swiss francs per year.
The Chinese would still have as many dollars or euros, but those dollars and euros would buy fewer goods on the world market.
During the past 12 months, China had a current-account surplus of nearly $300 billion, which must be added to China’s existing holdings of securities denominated in dollars, euros, and other foreign currencies.
And it will be nearly impossible to convince European taxpayers and governments to provide further billions of euros without verifiable guarantees and the necessary reforms.
Because every EU member state is obliged to contribute about 1% of its GNI to the Union’s budget, the UK’s data revision had to lead to a back payment of billions of euros.
Another is that investors and corporate treasurers could become increasingly confident and aggressive in borrowing euros to convert into dollars and take advantage of higher US rates.
Second, there must be serious doubts about whether Asian and Middle Eastern governments will in fact want to shift more reserves into dollars, especially if this means converting the euros they have acquired since 2003 at a loss and far below their purchasing power parity.
Once euro deposits are imprisoned within a national banking system, the currency essentially splits in two: bank euros (BE) and paper, or free, euros (FE).
And, by continuing to allow payments of tax arrears to be made in BE, while prescribing FE as a separate, harder currency uniquely able to extinguish commercial bank debt, Europe’s authorities acknowledged that Greece now has two euros.
Foreign investors are already reshuffling their portfolios, moving into euros, pounds, and even emerging-market currencies like the Brazilian real and the South African rand.
And will gold hold its value in euros or yen if the dollar continues to decline?
The CFA franc& is convertible in& euros and freely transferable to France, whose companies control the lion’s share of the franc zone’s private sector and receive most of its public contracts.
We have spent nearly 8bn euros in reconstruction and humanitarian assistance in the region since 1991;EU financial assistance to the region during those years amounts to 17bn euros.
This year, the European Commission is spending nearly 600m euros rebuilding lives in Kosovo and Bosnia, backing brave and newly elected leaders in Croatia, supporting reform in the Former Yugoslav Republic of Macedonia (fYROM) and Albania.
We doubled – to 20 million euros – the EU’s assistance to Montenegro this year.
The European Commission pledged 530 million euros for projects under the Quick Start package.
This implicit subsidy not only costs each country’s taxpayers billions of euros; it also distorts competition, because not all implicit subsidies are created equal.
Instead, the EU, the ECB, and Ireland have reached a Faustian bargain that keeps Ireland liquid (i.e., it gets euros), but does nothing to halt the growing likelihood of insolvency (i.e., its increasing inability to pay back those euros in the future).
Excluding taxes and contributions paid and transfers and public goods received, the Ifo Institute reckons that the average immigrant to Germany receives a net 2,300 euros annually.
For example, according to The Economist , a Big Mac hamburger sells in the euro zone for about three euros – roughly $4 at the current exchange rate – but for only about $3.20 in the United States, implying that the euro is overvalued by about 25%.
In fact, there has been neither inflation nor growth: central banks can seemingly pour hundreds of billions of dollars, euros, or yen into the market with little discernible effect.
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