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Economic Cooperation by Rojda Icboyun, Jasmin Reinhardt, Adrian Welter, Spela Dimic, Sandi Denzic Group 1 Heimschule Lender Sasbach, 28. 9. 2012 International.

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Presentation on theme: "Economic Cooperation by Rojda Icboyun, Jasmin Reinhardt, Adrian Welter, Spela Dimic, Sandi Denzic Group 1 Heimschule Lender Sasbach, 28. 9. 2012 International."— Presentation transcript:

1 Economic Cooperation by Rojda Icboyun, Jasmin Reinhardt, Adrian Welter, Spela Dimic, Sandi Denzic Group 1 Heimschule Lender Sasbach, 28. 9. 2012 International exchange Gimnazija Brežice & Heimschule Lender Sasbach

2 Which countries use the Euro? Greece Ireland Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Italy Austria Belgium Cyprus Estonia Finland France Germany 17 of 27 member states use the Euro:

3 Advantages of the Euro To pay with the same money. Increased trade and economic cooperation between the member states. Remove of differences in prices for products and services.

4 ECB (European Central Bank) Was founded on 1st June 1998 in Frankfurt am Main. It is the highest bank of the EU. Main work: The ECB cooperates with the 27 member states.

5 The function of ECB To manage the Euro They set the interest rates in the Euro zone Main target of the ECB: Price stability Financial stability

6 Indebtedness GermanySlovenia 2107 billion € 81,2 % Per person 25 000€ 17 billion € 47,6% Per person 8 300€

7 Thank you for your attention

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