Euro quiz

The answers follow the 10 quiz questions.

1. How many denominations of euro notes are there?

a) 5

b) 6

c) 7

d) 8

2. There are currently 27 member states in the European Union. How many nations use the euro?

a) 12

b) 15

c) 17

d) 25

3. Which of the following countries is an EU member state, but still retains its own national currency?

a) Czech Republic

b) Estonia

c) Ireland

d) Norway

4. All euro notes bear a borderless map of Europe on the reverse side. Which eurozone country is NOT featured on the map?

a) Bulgaria

b) Cyprus

c) Iceland

d) Lithuania

　

5. Unlike the euro notes, the common side of all euro coins features a map of EU member states only. How many EU member states are featured on the coins?

a) 12

b) 15

c) 25

d) 27

6. The euro coins have a common European side on the front and a national side on the back. Which nation chose the harp as its symbol?

a) Austria

b) France

c) Ireland

d) Italy

7. Euro notes depict generic architectural styles. Which style is NOT featured on the bills?

a) Bauhaus

b) Classical

c) Gothic

d) Renaissance

8. The euro notes were not supposed to reflect any national bias. But one eurozone country was allowed to have a distinctive feature that appears on the front and back of all notes. Which country is it?

a) Finland

b) Greece

c) Latvia

d) Malta

9. The issuing authority of euro banknotes is the European Central Bank. Its English acronym ECB appears on all notes, but so do four other acronyms representing other languages. Which languages are represented by BCE, ECB, EZB, EKT, EKP?

a) Italian, English, German, Dutch, Polish

b) Czech, English, German, Greek, Finnish

c) Portuguese, English, German, Danish, Hungarian

d) Dutch, English, German, Slovenian, Greek

10. For the 10th anniversary of the introduction of euro notes and coins, a limited edition two-euro commemorative coin will be issued in all eurozone countries. What were the other two occasions for issuing a common commemorative coin? Pick two of the four.

a) 50th anniversary of the Treaty of Rome in 2007

b) 10th anniversary of the Treaty of Maastricht in 2002

c) 10th anniversary of the euro's introduction as a financial accounting unit in 1999

d) When 10 nations, mostly in central and eastern Europe, joined the EU in 2004

Turn the page for the answers to the quiz.

QUIZ ANSWERS

1. (c) There are seven denominations to the euro notes: 5, 10, 20, 50, 100, 200, 500.

2. (c) There are 17 EU states that share the single currency: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovenia, Slovakia, Spain.

3. (a) The Czech Republic joined the EU in 2004, but retains its national currency, the koruna. Estonia and Ireland are both EU and eurozone members. Norway is a member of neither bloc.

4. (b) Cyprus is not featured on the euro map. Although Cyprus is a member of both the European Union and the eurozone member, it is geographically part of Asia Minor. Cyprus lies further east of the Bosphorus in Istanbul, which is where the map ends.

5. (b) The coins feature a map of Europe with 15 EU member states, the size of the bloc when the physical currency was introduced 10 years ago. Even though EU nations such as Britain, Sweden and Denmark retain their own currencies, they are still featured on the map.

6. (c) Ireland's national symbol is the harp, which is historically associated with Celtic minstrels, but nowadays is better known as the emblem for Guinness beer.

7. (a) The designs for the euro had to be devoid of national bias and Bauhaus architecture, which has its origins in Weimar, was regarded as being "too German."

8. (b) Greece. The currency name, euro, appears on both sides of the bills in Latin and Greek script.

9. (b) The acronym BCE is used in many EU countries, among them Italy, Czech Republic, Portugal, Netherlands, Denmark, France and Spain. ECB stands for European Central Bank and EZB is short in German for Europäische Zentralbank. However, EKT is the Greek acronym and EKP is used in Finnish and Estonian.

10. (a) and (c) The commemorative coin issued in 2007 featured the Treaty of Rome signed by the six founding members of today's EU and the one issued in 2009 was a child's stick figure blending into the euro symbol.

Quiz: Diana Fong
Editor: Kate Bowen