Тема: Євро – єдина європейська валюта.

Мета: Вчити студентів висловлюватись англійською мовою про євро як єдину європейську валюту.

Студент повинен:

знати лексичний мінімум з теми;

вміти висловлюватись щодо інформації про євро, володіти навичками ситуативного мовлення при обговоренні питань професійного характеру.

Література та інтернет-ресурси:

1. Жуклевська В.О. Курс ділової англійської мови для фінансистів: навч. посібник [для студ. вищ. навч. закл.] / В.О.Жуклевська. – Львів: Львівський банківський інститут НБУ, 2002. – 119с.
2. 10 Things You Didn't Know About the Euro / www.usnews.com/news/articles/2010/05/20/10-things-you-didnt-know-about-the-euro--

Забезпечення заняття: опорний конспект, картки із завданнями, посібник, планшетний комп’ютер.

Хід заняття

1. Read, translate and discuss the text.

The euro

The euro is the most tangible proof of European integration - (he common currency in 17 out of 27 EU countries and used by some 332 million people every day. The benefits of the common currency are immediately obvious to anyone travelling abroad or shopping online on websites based in another EU country.

The Economic and Monetary Union involves the coordination of economic and fiscal policies, a common monetary policy and the euro as the common currency. The euro was launched on 1 January 1999 as a virtual currency for cash-less payments and accounting purposes. Banknotes and coins were introduced on 1 January 2002.

The euro (€) is the official currency of 17 out of 27 EU member countries. These countries, known collectively as the I'Airozone are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.

Over 175 million people worldwide use currencies which are pegged to the euro.

A single currency offers many advantages, such as eliminating fluctuating exchange rates and exchange costs. Because it is easier for companies to conduct cross-border trade and the economy is more stable, the economy grows and consumers have more choice. A common currency also encourages people to travel and shop in other countries. At global level, the euro gives the EU more clout, as it is the second most important international currency after the US dollar.

The independent European Central Bank is in charge of monetary issues in the EU. Its main goal is to maintain price stability. The ECB also sets a number of key interest rates for the euro area. Although taxes are still levied by EU countries and each country decides upon its own budget, national governments have devised common rules on public finances to be able to coordinate their activities for stability, growth and employment.

The Economic and Financial Crisis

The economic crisis has prompted intense and sustained action by the EU's national governments, the European Central Bank and the Commission since it erupted worldwide in 2008. All have been working closely together to support growth and employment, protect savings, maintain a flow of affordable credit for businesses and households, ensure financial stability, and put in place a better governance system for the future.

Where does the money come from?

The EU has various sources of income. It is not solely dependent on contributions from member countries but has its own resources in the form of import duties on products from outside the EU, and a percentage of the value-added tax levied by each country.

The EU has several sources of income to finance its administration and activities and enable it to achieve its goals of reducing economic disparities between regions and developing rural areas. The member countries collect the money on behalf of the EU.

The three main sources of revenue are:

0.73% of the gross national income of each member country, which accounts for two-thirds of the EU budget. The basic principle behind the calculation of each EU country's contribution is one of solidarity and ability to pay. However, adjustments are made if this produces an excessive burden on particular countries.

So-called traditional own resources; mainly import duties on products from outside the EU.

A percentage of each EU country’s harmonized value-added tax revenue (VAT)

The EU also receives taxes paid by EU staff on their salaries, contributions from non-EU countries to certain EU programmes and fines from companies that breach EU rules and regulations.

2. Translate the words into Ukrainian. Make the sentences with these words.

3.  Translate the words into English. Make the sentences with these words.

4. Match the columns

5. Answer the questions to the text.

1. What euro banknotes are there in Europe?
2. What is official symbol of the euro?
3. What is official abbreviation of the euro?
4.  What are the countries sharing the euro?
5. How can we recognize euro banknotes?
6. What do the windows and the gates symbolize?

10 Things You Didn't Know About the Euro

Greece's debt crisis is bad news for the European currency.

By Jessica Rettig, Contributor |May 20, 2010, at 12:00 a.m

10 Things You Didn't Know About the Euro

1 The idea for establishing a single currency in Europe was approved upon the signing of the Maastricht Treaty, formally titled the Treaty on European Union, on Feb. 7, 1992.

2 The euro was launched in 11 countries as a virtual currency—used only for non-cash and electronic transactions—on Jan. 1, 1999.

3 Euro banknotes and coins, for public use, weren't introduced until Jan. 1, 2002.

4 The European Central Bank is authorized to issue euro banknotes and coins. Each country's national central bank is responsible for producing and circulating them.

5 There are seven different banknotes. They come in 5-, 10-, 20-, 50-, 100-, 200- and 500-euro denominations. There are eight different denominations of coins: 1, 2, 5, 10, 20 and 50 cents, and 1 euro and 2 euros.

6 Each euro banknote has a standard design on one side and a country-specific design on the other.

7 The euro symbol was based on the Greek epsilon character, representing "E" for Europe. The two parallel lines through the center signify stability.

8 Denmark and the United Kingdom are the only European Union member states to opt out of using the euro as currency.

9 Greece has been part of the euro zone, the area comprised of nations that have adopted the euro, since 2001. Slovakia was the most recent country to adopt the currency, doing so in 2009. Sweden is expected to be the next.

10 To date, 16 EU member countries, and approximately 329 million people, use the euro. Nine EU member countries have not yet met the requirements for its adoption.

Home task: Tell about the Euro.