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Euros in sentence

274 examples of Euros in a sentence

Of course, the rate of increase of the price of oil in euros during the past year was lower than the rate of increase in dollars.
The euro price of oil in May 2007 was 48 euros, or 56% below its current price.
But that would be true even if oil had been priced in euros.
The only effect of the dollar’s decline is to change the price in dollars relative to the price in euros and other currencies.
Should the euro break up and the GIPSIC countries default, Germany alone would lose about €545 billion euros, nearly half of the aggregate sum mentioned, since the Bundesbank has carried out most of the net payments on behalf of the GIPSIC countries that are reflected in the Target balances.
Given that their debt is denominated in euros, this would enable them to avoid a default that would destabilize the global financial system.
For example, the Spanish banking sector alone has short-term liabilities of several hundred billion euros.
The flow of net export earnings from the oil producers and others into euros will push up the value of the euro and enable the transfer of funds to occur.
Second, countries with large accumulations of dollar reserves will be shifting substantial fractions of those reserves into euros.
These and other countries with very large foreign-exchange balances are beginning to diversify their holdings from dollars to euros, a process that will continue and that will inevitably cause the euro to rise relative to the dollar.
Indeed, Beijing Airport’s’s shiny Terminal 3, and more recently, China’s alternative-energy investments, relied on billions of euros in European public loans.
As German Chancellor Angela Merkel recently put it, Europe needs “political courage and creativity rather than billions of euros.”
A government that wants to replace the euro with, say, the “new franc” (which is not to suggest that France or Belgium would be likely to abandon the euro) would have to reverse the process by which its currency was originally swapped for euros.
Because individuals from the departing country could continue to hold euros, leaving the EMU would not cause a loss of existing wealth.
At the same time, many emerging-market corporations borrowed in US dollars or euros, in some cases with little or no dollar revenues to match the dollar-denominated debt service.
Today, these assets and liabilities are all in euros.
The increase in the supply of euros would naturally lower their price.
Currently, in its EEAS, the EU has little more than the rudiments of a foreign-relations mechanism; relative to most national foreign services in Europe, it is tiny, with only 1,500 diplomats and an annual budget of less than a half-billion euros.
Aided by the European Central Bank – which loosened its collateral policy for refinancing credits and increased its tolerance for emergency liquidity assistance and credits under the Agreement on Net Financial Assets – they drew hundreds of billions of euros out of the monetary system through so-called Target overdrafts.
The president of the European Council, Donald Tusk, has already declared that the deal, whereby the EU pays Turkey billions of euros to shut down the Turkey-Greece migratory route, is “producing results.”
Indeed, the price of permits fell below three euros a ton in April 2013, rendering the emissions-trading market almost irrelevant.
Nuclear power is an antiquated technology that requires billions of euros in subsidies; so far, German taxpayers have contributed €196 billion for this purpose.
A successful strategy would have to address one of the eurozone’s main design flaws: member governments issue debt in euros, a currency that they cannot control.
Nominal interest rates – quoted in terms of dollars, euros, renminbi, etc. – are difficult to interpret, since the real cost of borrowing at these rates depends on the future course of inflation, which is always unknown.
If I borrow euros at 4% for ten years, I know that I will have to pay back 4% of the principal owed as interest in euros every year, but I don’t know what this amounts to.
Huge investments – worth trillions of euros – will be needed to meet global energy requirements.
By contrast, the European Central Bank can create more euros if so desired.
There is nothing to stop Spanish and Italian depositors from wiring their euros from their local bank to one in Switzerland, Norway, or New York.
After all, banks, firms, and even individuals already can buy renminbi for their pounds and euros.
In practice, when Europeans want China’s currency, they use their euros and pounds to buy dollars, and then use those dollars to buy renminbi.
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