Private Cloud Storage. A form of cloud storage where the enterprise and cloud storage provider are integrated in the enterprise's data center. In private cloud storage, the storage provider has infrastructure in the enterprise's data center that is typically managed by the storage provider. Private cloud storage helps resolve the potential for security and performance concerns while still offering the advantages of cloud storage.
The name euro was officially adopted on 16 December 1995. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743).ince late 2009, the euro has been immersed in the European sovereign-debt crisis which has led to the creation of the European Financial Stability Facility as well as other reforms aimed at stabilising the currency.
Lithuanians first started using the litas in 1922, reintroducing it in 1993 as the country phased out the rouble. From 1994 the litas was pegged to the dollar and in 2002 it moved to a euro peg. But due to high inflation and the economic crisis, Lithuania was denied entry into the eurozone in 2007. But having checked the âconvergence criteriaâ boxes, Lithuania will adopt the euro on January 1, 2015.