Publié : 28 décembre 2009
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Section Européenne 2007 : The Sun shiners


The Euro was introduced on January 1st of 1999 at Midnight (for accountancy) but it replaced national currencies only on February 28th of 2002 (as far as circulating money was concerned). It was created by the E.U. to rivalize with the US dollar, but mainly to make trade inside the European Union easier.

There are 13 states which use the Euro in The European Union (for the moment). All the other countries use a national currency. The 13 which use Euro are :

France Spain Finland Italy
Germany Belgium Netherlands Luxembourg
Portugal Austria Ireland Slovenia
Greece (+ Malta in January 2008)


The European Central Bank is one of the most important banks in the world.

It’s based in Frankfurt ; the largest financial center in the Euro Zone .

The role of the ECB is to maintain a monetary policy for the Euro Zone.

The current president of The European Central Bank is Jean-Claude Trichet (he is French) the vice president is Lucas Papademos (he is Greek).


Sweden has national holidays which are common to many European countries such as :

  • New Year (Nyårsdagen)
  • Epiphany (Trettondedagen)
  • Annunciation (Marie bebådelsedag)
  • Good Friday (Långfredagen)
  • Easter Sunday (Påskdagen)
  • Easter Monday (Annandag påsk)
  • May day (Första maj)
  • Ascent (Kristi Himmelfärdsdag)
  • Pentecost (Pingstdagen)
  • Pentecost Monday (Annandag pingst)
  • Saint Jean (Midsommardagen)
  • All saint’s day (Alla helgons dag)
  • Christmas day (Juldagen)
  • The day after Christmas (Annandag jul).

But they also have a set of their own :

  • ” Valborgsmässoafton”, the public spring holiday. It is a pagan celebration which takes place between April the 30th and may the 1st. There is what is called “Walpurgis” Night. The Swedish make large bonfires and have a big dinner with lots of beer.
  • ”Nationaldagen” is the national day in Sweden. It is celebrated on June the 6th in memory of the founding of the kingdom of Sweden through the coronation ceremony of Gustav Vasa. It became the official national day in 1983.
  • ” Studentfirande” is public holiday linked to the baccalaureate. The future high school students bury their secondary-school student life with a breakfast in the grass or in the park drinking champagne. They celebrate this public holiday in May and all of them wear the same white hat.
  • “Lucia” is the public holiday celebrating Saint Lucie. It is celebrated on December the 13th. There is a parade « luciatrain » ; people wear white dresses and red bands. They have got lights in their hair and in their hands.
  • “ Sylvesterroppet”
    The Swedish are accustomed to bathing in cold water for New Year’s Eve. Some may even roll themselves in the snow after having spent some time in a sauna. They say there’s nothing like it to tone up your skin and stimulate mind and body !