On 1 January 1999, 11 EU countries fixed their exchange rates, agreed to follow a single monetary policy entrusted to the European Central Bank, and launched their new common currency on world financial markets.
Today, the euro is one of the most important currencies in the world, the official currency of 20 EU countries, used by about 350 million people every day.
Euro
notes and coins are a tangible, everyday reminder of the freedom,
convenience and opportunities that being part of the European Union
makes possible. (...)
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