European Monetary Union explained (explainity® explainer video)

Since 2002, many European countries payment is the ‘Euro’. Previously, many states had their own currency. How this monetary consolidation came about is explained in this video.

Check out also part 2 about the pros & cons of the EMU: https://youtu.be/4_RMvju8dYg

As of December 2018
The 19 Euro countries include: Belgium, Germany, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Austria, Portugal, Slovakia, Slovenia, Spain, Cyprus
"Non-EU countries using the euro include Andorra, Monaco, San Marino, Vatican City, Montenegro and Kosovo. Furthermore, the non-EU territories Saint-Pierre and Miquelon and Saint Barthélemy use the ‘Euro’. In the military bases Akrotiri and Decelia in Cyprus, which are under British sovereignty and also do not belong to the EU, is paid only with the ‘Euro’."
Source: Wikipedia

Download the transcript of this video: www.explainity.com/education-project/transskripte/
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Homepage: www.explainity.com
e-mail: info@explainity.de

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