The name of the European currency adopted by the European Council at its meeting of 15 and 16 December 1995 and used instead of the generic term ecu employed in the EC Treaty
Monnaie unique européenne introduite le 1er janvier 1999 Union monétaire européenne
Monetary unit that became the official currency of eleven Member States of the European Union on January 1, 1999 On January 1, 2001, Greece joined the Euro zone which now includes 12 Member States
The name of the future common European currency A Council order, which is expected to come into force on 1 January 1999, will form the statutory framework for the use of the Euro The third stage of economic and monetary union will irrevocably establish the conversion rates between the currencies of the participating countries and the Euro From this point on the Euro will be an independent currency, and the official ECU basket will cease to exist One consequence of the Council order will be that the national currencies and the Euro will continue to be merely different designations for what in the economic sense is one and the same currency As of 2002 the European Central Bank is expected to issue bank notes and coins in Euros The coin of the new currency will be the cent
Britain and Sweden decided not to adopt the euro immediately, and voters in Denmark rejected it
A single currency adopted on January 1, 1999 by 12 of the 15 EU nations, who switched to a single set of euro bills and coins on January 1, 2002 (Chapter 18)
Single currency in the EMU (ISO currency code: EUR) Until 1 January 2002 when single notes and coins are introduced, the euro will exist only as book money and national currencies will continue to be used for cash payment On 1 July 2002 at the latest, the euro will become the only legal means of payment within in the EMU
The currency of the European Monetary Union (EMU) This is the amalgamation of the following currencies, after Jan 1, 2002 these currencies will be considered legacy currencies Germany Deutsche Marks, Italy Lira, Austria Schillings, France Franc, Belgium Francs, Netherlands (Dutch) Guilders, Finland Markka, Portugal Escudo, Greece Drachmas, Ireland Punt, Luxembourg Francs, Spanish Pesetas
The official currency of the European Economic Community It’s symbol is &euro
The European common currency, adopted by 12 of the 15 members of the European Union, as part of European Monetary Union (EMU) The euro comes into common circulation from the beginning of 2002