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He ended up in his pockets in 2002. It has been 20 years since the euro began to circulate.

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He ended up in his pockets in 2002.  It has been 20 years since the euro began to circulate.

The introduction of the euro as a currency on world financial markets took place on January 1, 1999, but only in 2002 did it actually reach the pockets of citizens as a physical currency.

The euro was the first major step towards European political integration, although it has behaved unevenly throughout its history.

These are the main dates of its appearance and development:

– 01.01.2002: Euro starts physical circulation in 12 EU countries: Spain, Italy, France, Portugal, Germany, Luxembourg, Belgium, Netherlands, Austria, Ireland, Finland and Greece.

– 01.07.2002: Banknotes and coins of the former independent systems of the eurozone countries are withdrawn from the European market.

– 01.01.2007: Slovenia accepts the euro as its official currency.

– 01.01.2008: Malta and Cyprus have introduced the euro.

– 04/22/2008: The euro breaks the $ 1.60 barrier in its intraday quotes, although it closes with a $ 1.5931 exchange rate resurrected as a safe haven against the dollar, under pressure from the financial crisis in the United States. …

– 07/15/2008: The euro reaches an all-time high against the dollar at $ 1.5990 by the close of the session, shortly before the debt crisis hit the eurozone.

– 01.01.2009: Slovakia accepts the euro as its currency.

– 05.02.2010: The EU launches the first aid program for the eurozone, providing financial assistance to Greece to avoid bankruptcy. Bailouts followed in Ireland, Portugal, Cyprus and Spanish banks.

– 01.01.2011: Estonia becomes the 17th country in the eurozone.

– 06/30/2011: The euro is officially operational in the non-EU principality of Andorra.

– 01.01.2014: Latvia becomes the 18th country in the eurozone.

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– 01.01.2015: Lithuania becomes the 19th country in the eurozone.

– 31/12/2015: The European currency fell 10.2% in 2015 when Greece received its third aid.

– 01/01/2017: The euro marks 15 years, approaching parity with the dollar, which fell in 2016 to its lowest level in 14 years ($ 1.03 per euro).

– 17.09.2018: The European Central Bank (ECB) introduces new Europa 100 and 200 euro banknotes, which no longer include the 500 euro banknote to avoid facilitating illegal activities.

– 31/12/2020: after several years of intense fluctuations, the exchange rate of the euro against the dollar will stabilize in 2020 in the range of 1.1 to 1.2.

– 12/27/2021: The euro is quoted at $ 1.1313 and 2021 is expected to end its worst year in six years with a fall of more than 7% as the US currency appreciates.

– 01.01.2022: The euro, the most tangible achievement of the community project, celebrates its 20th anniversary since its inception.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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