This week you will have to research on the European Union currency. These are the questions:
QUESTION 1
What was the name of the previous European Union currency? When was the name "euro" officially adopted as the official currency of the European Union?
QUESTION 2
What´s the eurozone? What EU countries are included in the eurozone?
QUESTION 3
What other countries use the euro as official currency?
QUESTION 4
What are the requirements the EU countries have to meet if they want to adopt the euro as currency?
QUESTION 5
What institution is in charge of the eurozone´s monetary policy? Where is its headquarters located?
QUESTION 6
The Eurogroup (the group formed by the finance ministers of the eurozone) has recently approved bailouts to solve the economic problems of the financial systems of three countries whose currency is the euro. Which are these countries? What is the amount of the bailout they have received (or will receive)?