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- Today, euro banknotes and coins are legal tender in 20 of the 27 Member States of the European Union, including the overseas departments, territories and islands which are either part of, or associated with, euro area countries.
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Today, euro banknotes and coins are legal tender in 20 of the 27 Member States of the European Union, including the overseas departments, territories and islands which are either part of, or associated with, euro area countries.
- official EU currency
The euro is the official currency of 19 countries of the...
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The legal basis for the single monetary policy is the Treaty...
- official EU currency
The euro ( symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. [6] [7]
May 20, 2024 · After February 28, 2002, the euro became the sole currency of 12 EU member states, and their national currencies ceased to be legal tender. Other states subsequently adopted the currency. The euro is represented by the symbol €.
The Euro. History and purpose. Why a common currency. An economic and monetary union (EMU) was a recurring ambition for the European Union from the late 1960s onwards. EMU involves coordinating economic and fiscal policies, a common monetary policy, and a common currency, the euro.
Official currencies, including the euro, consist in a monetary system designed and controlled by a state or, as regards the euro, by supranational structures. Within the euro area, only the euro has the status of legal tender.