Work Plan :

I/History of these currencies

1) The pound sterling 2) The euro

II/Economic Policy in England

1) The views of various political parties 2) The views of the English citizen

III/ The crisis

1) The pounds sterling

2)The euro

IV/ Interview of Mr Anderson

-Conclusion

I/History of these currencies

1) The pound sterling

Currency Name :Pound Sterling
Currency Symbol :£

Denominations : Coins :
1 penny or 1/100 pound
2 pence or 1/50 pound
5 pence or 1/20 pound
10 pence or 1/10 pound
20 pence or 1/5 pound
50 pence or 1/2 pound
1 pound
2 pounds

Banknotes :
5 pounds
10 pounds
20 pounds
50 pounds

The origins of sterling lie in the reign of King Offa of Mercia, (757 - 796) who introduced the silver penny.

Created 13 centuries ago, the pound sterling is one of the oldest currencies still in circulation. It became, over time, a veritable institution, a symbol for the Crown and the standard of the City of London.
The value of the pound sterling initially corresponded to the mass of one pound of pure silver metal.

2) The euro

Currency Name :Euro
Currency Symbol :€

Denominations : Coins :
1 cent or 1/100 euro
2 cents or 1/50 euro
5 cents or 1/20 euro
10 cents or 1/10 euro
20 cents or 1/5 euro
50 cents or 1/2 euro
1 euro
2 euro

Banknotes :
5 euro
10 euro
20 euro
50 euro
100 euro
200 euro
500 euro
(Though €500, €200 are not issued in all countries)

The euro was launched on 1 January 1999 as an electronic currency and became legal tender on 1 January 2002, but attempts to create a single currency go back 20 years. This chart shows the value of the euro (before 1999 as a basket of the 11 legacy currencies) against the US dollar. On 1 January 2002, the euro replaced the old national currencies. As the chart shows, European currencies have always fluctuated against the dollar, even as debates have raged about the euro.
Twelve of the 15 EU countries (Germany,