Euro zone and Opportunity cost: Difference between pages

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''The euro.''
The expected return that is foregone by investing in a project, rather than in the next best use of capital or other resources.


The Euro zone is the collective name for the 19 countries adopting European Monetary Union (EMU) in full.
It is the opportunity cost of capital and other resources that is the relevant economic measure for financial decision making purposes.
Sometimes written 'Eurozone', 'eurozone' or 'Euro-zone'.
 
More formally known as the 'euro area' and more informally as 'euroland'.
 
 
The 19 countries in the euro area are:
 
Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.
 
 
The nine European Union (EU) countries which are not in the euro area are:
 
Bulgaria, Croatia, the Czech Republic, Denmark, Hungary, Poland, Romania, Sweden and the United Kingdom (UK).
 
 
====Brexit====
A referendum in the UK in June 2016 resulted in a vote for the UK to begin the process of leaving the EU.  




== See also ==
== See also ==
* [[Bank supervision]]
* [[Cost of capital]]
* [[Brexit]]
* [[Opportunity cost of capital]]
* [[Central bank]]
* [[Production possibility curves]]
* [[ESCB]]
* [[Supernormal profit]]
* [[Eurobond]]
* [[European Central Bank]]
* [[European Financial Stability Facility]]
* [[European Monetary Union]]
* [[European Union]]
* [[Eurosystem]]
* [[Grexit]]
 
 
 
==== Currencies of EU countries not in the euro area ====
* [[BGN]]
* [[HRK]]
* [[CZK]]
* [[DKK]]
* [[HUF]]
* [[PLN]]
* [[RON]]
* [[SEK]]
* [[GBP]]
 
[[Category:Long_term_funding]]

Revision as of 11:05, 22 June 2016

The expected return that is foregone by investing in a project, rather than in the next best use of capital or other resources.

It is the opportunity cost of capital and other resources that is the relevant economic measure for financial decision making purposes.


See also

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