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Benefits of the euro pdf - 371 KB [371 KB]

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The single currency was created in 1999 when the exchange rates of the

currencies of the participating countries were irrevocably locked to the euro.

The euro banknotes and coins were introduced in 2002 in 12 countries. The

euro has brought economic benefits to the euro-area countries. These include

greater macroeconomic stability and resilience as well as more efficient

functioning of the single market.

Last update: 30/10/2010 | Top