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Discover the history of the euro, countries using the euro, how the European Central Bank manages the euro, euro use outside the EU and euro design.
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.
The euro unites us – it’s used by about 350 million people across 20 European Union countries. The euro is a beacon of stability and a symbol of European unity. It’s also one of the most trusted currencies in the world.
Euro is the currency of the countries in the eurozone. One euro is divided into 100 cent (officially) (singular) or "cents" (unofficially). Because of the number of different languages in the European Union, there are different, unofficial, names for this unit (the French call them "centimes" and the Spanish "céntimos", for example).
The international status and usage of the euro has grown since its launch in 1999. When the euro formally replaced 12 currencies on 1 January 2002, it inherited their use in territories such as Montenegro and replaced minor currencies tied to pre-euro currencies, such as in Monaco.
The euro is the monetary unit and currency of the European Union, represented by the symbol €. It began as a noncash monetary unit in 1999 before being issued as currency notes and coins in 2002. The euro replaced the national currencies of participating EU states and some non-EU states.
4 days ago · European Union (EU), international organization comprising 27 European countries and governing common economic, social, and security policies. The EU was created by the Maastricht Treaty, which entered into force on November 1, 1993. The EU’s common currency is the euro.
