在2008 – 09年美国房地产市场崩溃时面对次贷危机了。这对我们金融体系暴露出许多缺点。这次危机的影响感到全球和欧洲国家也受到此次危机的影响。
There were euro notes as well as coins which started arriving in the year 2002. They started bring distributed. There was huge logistical operation which was carried out to distribute the coins. Thus combining the history of European Union along with history of Euro came the currency known as euro.
The main aim of the euro currency was to make European Unionstronger and demand more say in the financial markets. With the introduction of Euro Germany was supposed to be benefitting most as not it can easily do business with the rest of the European nations without being worried about the currency fluctuations.
In the year 2004, there was European treaty signed which gave existence to the European Constitution.
Origin of Euro Debt Crisis
In the 2008-09 US was faced with the subprime crisis when their housing market collapsed. This exposed many weaknesses in the financial system for US. The effect of this crisis was felt across the globe and thus the European nations were also affected by this crisis.