Eusko

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= complementary currency in the French Basque region


Discussion

Ruby van der Wekken:

"Two initiatives were introduced in the plenary of the meetings. Xabi Chamino, Eusko (www.euskalmoneta.org) introduced the chart of this largest of twenty-two local monies in France as a very important feature of this process. The local currency has 3.245 users, of which 2.700 local. The Eusko is meant to be a tool for local development, for local economy and creation of jobs, and circulates 4 times more than the euro. As was referred to and pointed to several times during the meetings, the Eusko has a clear political nature, which it puts upfront: to strengthen local Basque identity and development. It has also developed an elaborate participatory governance structure of the currency." (http://www.commons.fi/community-currencies-under-loop)