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World Financial, Good Economic News Timeline Tuesday, August 26     Author
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Peso passes first test

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EU leaders agree 7-year budget
Nigeria settles Paris Club debt

year 2006 Top ^

Apr.20   Nigeria
  Nigeria is becoming the first African nation to settle with its lenders to clear the way for greater spending

year 2005 Top ^

Dec.16   Belgium
  The leaders agreed on a spending plan for the bloc seen as key to shaping the future of an enlarged EU

year 2002 Top ^

Feb.11   Argentina
  Peso, floating freely for the first time in a decade, ended trading stable against the dollar
Jan.1   European Union   Euro mark celebrations
  People lined up in freezing temperatures to get a jump on the most ambitious currency swap in history
 The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes in 2002. The official spelling of the euro is 'euro' in the Latin script. The euro is divided into 100 cents

year 2001 Top ^

Oct.3   Washington   Bush package to boost economy
  President has announced a revitalisation package of $60bn to $75bn to avert a recession following suicide attacks
Aug.30   European Union   Euro officially launched  European Central Bank says euro will unify Europe

year 2000 Top ^

Denmark rejects euro

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