street legal for us (may or may - not be same
for euro countries) Seat belt, Windshield, Windshield wipers, Head lights, Turn signals, Break lights, Horn, Engine Hood, Side Mirrors, Steering Wheel, Brakes, Tires (or tracks check your state laws for that part, usually implies has be rubber tracks, muffler / exhaust, license plate (register it as a custom built vehicle i would assume as it is not a name brand company), Reflectors, Bumpers.
The deficit target
for the EURO countries is 3 per cent of GDP and the debt - to - GDP target is 60 per cent of GDP.
Not exact matches
Moscovici made much of the fact that
for the first time since the
euro was born in 1999, no
country in 2018 will have a budget deficit over 3 percent of annual GDP — a key limit that governs the single currency and which has been flouted by many
countries.
The Italian crisis — the
country's powerful political leader, the comedian Beppe Grillo, would probably call it «commedia dell «arte» — offers plenty of interesting trading opportunities as long as you don't fall
for the incongruous idea that this is the end of the
euro area.
Sandberg's visit to Germany comes after the
country's parliament passed a law in June to introduce fines of up to 50 million
euros ($ 59 million)
for social media networks if they fail to remove hateful postings promptly.
If Greece does end up leaving the
euro, its example could end up paving the way
for a
country like Italy to do the same.
Another powerful motive
for many in the southern
countries, Greece, Italy, Spain, Portugal,
countries that had never in their very long histories had a hard currency, was to exploit the desire of the Germans, and the permanent EU civil service,
for a larger, closer Europe, by signing into the
euro, acquiring
for the first time a hard currency, that they confidently expected Germany to finance.
French watchdogs slapped Apple with a 48.5 million
euro ($ 60 million) fine in 2016
for what they said were illegal terms with the
country's carriers.
Wall Street stock futures are looking lower Friday following news that Greece's parliament has approved a third bailout
for the
country after an all - night session, but said it still must be approved by fellow
euro zone
countries that have problems trusting Athens.
A government plan to push
for an upper limit of 5,000
euros to cash payments was met with fierce resistance two years ago, including by the
country's own central bank.
Suleiman Kerimov, who faces money - laundering charges in France
for allegedly bringing hundreds of millions of
euros into the
country without reporting the money to tax authorities.
The latest flash estimates
for gross domestic product (GDP) in the second quarter of 2015 show that the economy expanded 0.3 percent in the 19 -
country euro zone, and by 0.4 percent in the 28 - member European Union, from the previous quarter.
On 7/14, the Central Bank of Italy reported that Italian public debt has risen upwards of 2.2 trillion
euros in May, a new record
for the Eurozone's second-most indebted
country after Greece.
All of this is good
for the economies of the
euro - area
countries.
For many other European
countries, their economic independence and flexibility died the day they joined the
euro.
It is the rare combination of a simultaneous impact of hugely restrictive fiscal policies, gravely damaged channels of financial intermediation and crippling trade imbalances in especially depressed segments of the world economy - the
euro area - where there is an obvious need
for a strong stimulation of domestic demand in
countries of that region whose trade surpluses range from 2 percent to nearly 9 percent of gross domestic product (GDP).
Uncertainty in emerging
countries has the potential to further weigh on demand
for euro area exports, with emerging markets worth 25 % of exports.
The Greek crisis rumbled on Friday, as
euro zone finance ministers arrived in Brussels
for yet another round of discussions on the
country's debt problems.
If parliament gives its nod, Greek voters will be asked to rule on two complex draft documents that detail a proposal by the
country's creditors to unlock aid of as much as 15.5 billion
euros for Greece in return
for sales - tax increases and pension reforms.
The debt deal, which came on Friday after about 19 similar summits since the start of the debt crisis (with few results), called
for countries that use the
euro to allows two European bailout funds to aid European banks directly, rather than make loans to governments to bail out the banks.
All the major
countries had reduced interest rates to unprecedented levels in the early part of this decade — 0 per cent in Japan, 1 per cent in the United States and 2 per cent in the
euro area — and they maintained this position
for a prolonged period.
While China is usually singled out
for its policies, other
countries have behaved more irresponsibly, most notably rich Germany, whose surpluses, the largest in history, were built primarily on an undervalued currency, after the creation of the
euro, and on weak wage growth, after the 2003 — 05 labor reforms.
PARIS (Reuters)- Finance ministers of other southern
euro zone
countries on Wednesday talked up the chances of reaching a cash -
for - reforms deal with Greece, with Spain's Luis de Guindos saying he was certain it would happen.
Some years ago Mundell, looking at economy sizes, growth rates, percent invested overseas, etc., concluded that a dollar /
euro relationship between $ 1.20 and $ 1.30 could be considered normal, or neither to strong nor too weak
for either
country.
Instead of struggling to keep the
euro zone together, default may be less painful in the long run
for the people of overindebted
countries
As Europe's banking crisis deepens, Greece's and Spain's fiscal crisis spreads throughout Europe and the US economy stalls, most discussions of how to stabilize national finances assume that only two options are available: «internal devaluation» — shrinking the economy by cutting public spending; or outright devaluation of the currency (
for countries that have not yet joined the
euro, such as Eastern Europe).
If so, would this be a mechanism through which China could reduce its US Treasury holdings by transferring them to other
countries as payment
for Euros with which to invest?
For example, in the event that one or more European
countries were to replace the
euro with another currency, our sales into such
countries, or into Europe generally, would likely be adversely affected until stable exchange rates are established.
But long - term government bond yields fell to record lows
for many
euro area
countries after a speech by ECB President Draghi on 21 November, which stressed that the ECB will do what is required to raise inflation and inflation expectation by adjusting the size, pace and composition of asset purchases, if the currently announced policies prove to be insufficient.
This initiated a further decline in 10 - year government bond yields, which fell to all - time lows
for nine large
euro area
countries including France, Ireland and Spain by 26 November, the end of the period under review (Graph 5, right - hand panel).
Diminishing European demand as the
euro region veers toward a recession is particularly troubling
for countries from Thailand to South Korea, where shipments make up the equivalent of half or more of gross domestic product.
Coeure is also a member of the executive board at the European Central Bank, the central bank
for the 19 -
country eurozone and the issuer of the
euro currency.
ATHENS, Greece (AP)-- In a major shakeup
for Greek broadcasting, only two of the
country's seven private TV stations have survived a landmark license auction that raised 246 million
euros ($ 275 million)
for the cash strapped left - wing government.
For example: In European
countries, customers can use their European bank account from any supported
countries to transfer
euros to and from their coin base account.
The
country will need to cover a large share of its remaining refinancing needs
for the year in October, when more than 20 billion
euros in debt comes due.
The European Central Bank, the top monetary authority
for the 19
countries that use the
euro as currency, has said its 30 billion
euros ($ 37 billion) in monthly purchases will continue at least through September, but has given no fixed end date.
The bank, the monetary authority
for the 19
countries that use the
euro, has been purchasing bonds with newly created money since March 2015 in an effort to boost inflation from levels considered too low.
Gold futures fell the most this year on speculation that Greece's anti-austerity party victory won't result in the
country leaving the
euro currency bloc, crimping demand
for haven assets.
Both the UK and the
countries representing the
euro area are expectantly readying
for the massive changes that are likely to follow once Britain exits.
These
countries are already at the stage where they are forced to sell their dollars
for euros and other Group of 10
countries» currencies and gold to diversify their foreign exchange risk, which adds to the dollar's decline, he says.
And
for Greece's own wealthier classes, the EU loan package would enable the
country to remain within the Eurozone long enough to permit them to move their money out of the
country before the point arrived at which Greece would be forced to replace the
euro with the drachma and devalue it.
With this guarantee, there was little incentive
for these
countries, beyond exhortation from other
EURO countries, to control their deficits and debt or to implement structural changes in labor and product markets needed to make their economies competitive.
Beijing, keen
for its currency to have equal billing with the
euro, yen, pound and dollar, has been pushing
for the yuan to be included in the SDR basket, which determines the mix of currencies that
countries like Greece receive as IMF disbursements.
Unlike the majority of European
countries, the UK declined adopting the
euro in 1999, and the pound continues to be an important currency benchmark
for many nations.
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The
euro slumped to a four - month low in the aftermath of the bailout of Cyprus, as market participants worried about the implications
for other
countries on the periphery of the eurozone.
It could cause the
euro to rise in value against other currencies, potentially hurting exporters, and it could bring higher returns on savings as well as stiffer borrowing costs
for indebted governments in the 19 -
country eurozone.
Other proposals include a statement in law
for the first time that the
euro is not the EU's only currently, that non-eurozone
countries do not have to bail out
countries using the
euro, and that Britain will not have to engage in «ever - closer union» aiming
for «a common destination».
In 2013 official market data was
for the first time ever published
for China (2.4 billion
euros), making the
country the fourth biggest organic market in the world.
Right up until the dying minutes of the group stage it was looking like England would face Portugal and Cristiano Ronaldo in the knockout phase but the amazing story of the smallest
country ever to qualify
for the
Euros went on with a last minute Iceland winner.
He played a major role in getting his
country to this summer's
Euros and is a key figure
for the Premier League leaders.