Euro

The Euro is currently the permanent currency of seventeen countries in Europe.  In 1999 Belgium, Germany, Ireland, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland where the first to adopt the currency. In 2001, Greece agreed to adopt the currency and from 2008 to 2011 Slovenia, Cyprus, Malta, Slovakia, and Estonia adopted the currency.  The Euro has been quite successful with over three hundred and thirty million people using it. The Euro was introduced originally to  make things easier for the country, such as inflation and public finances.  In an online article written by the European Commission, the article states "Using a common currency increases price transparency, eliminates currency exchange costs, facilitates international trade and gives the EU a more powerful voice in the world." So overall this change in Europe's currency has made the country more efficient and has benefited the country greatly.

Work Cited

http://ec.europa.eu/economy_finance/euro/