European Monetary System

Twenty years on, what is euro's future?

Published by Kathimerini on Sun, 01/13/2019 - 20:09

The euro turned 20 years old on January 1, 2019. On January 1, 1999, after years of preparations, 11 member-states of the European Union agreed to use the same currency in all monetary transactions among themselves, an initiative that marked the official launch of the euro. The euro's introduction in physical form, as coins and banknotes, however, took place on January 1, 2002.