Euro Currency
The euro is the legal and basic currency of all EU member countries. The euro was issued in 1999, In 2002, and the euro is printed on the basis of the European Central Banks (ESCB).
Countries dealing with the euro
The number of European countries that adopt the euro currency as the official currency of transactions to 19 countries out of the total number of EU member states, which reaches 28 countries, and the following information about each of these countries dealing with the euro:
Austria: It is a republic with a federal system of federal government that joined the European Union in 1995 and began to use the euro in 1999.
Belgium: is a country with a constitutional monarchy and joined the European Union in 1958. It began to use the euro currency Cyprus was a republican republic that joined the European Union in 2004 and began to use the euro in 2008.
Estonia: a parliamentary republic that joined the European Union in 2004 and began to use the euro currency In 2011.
Finland: A parliamentary republic that joined the European Union in 1995 and began to use the euro in 1999.
France: A semi-presidential republic, which joined the European Union in 1958 and began to use the euro in 1999.
Germany: It is a state with a republican federal parliamentary system and joined the European Union in 1958 and began to use the euro currency in 1999.
Greece: a parliamentary republic that joined the European Union in 1981 and began to use the euro In 2001.
Ireland: A parliamentary republic that joined the European Union in 1973 and began to use the euro in 1999.
Italy: A parliamentary republic that joined the European Union in 1958 and began to use the euro in 1999.
Latvia: A parliamentary republic that joined the European Union in 2004 and started to use the euro in 2014.
Lithuania: A parliamentary republic that joined the EU in 2004 and began to use the euro in 2015.
Luxembourg: is a state with a constitutional monarchy and joined the European Union in 1958 and began to use The religion of the euro in 1999.
Malta: It is a state with a republican parliamentary system and joined the European Union in 2004 and began to use the euro in 2008.
The Netherlands: a state with a constitutional monarchy and joined the European Union in 1958, The euro currency in 1999.
Portugal: It is a semi-presidential republic and joined the European Union in 1986 and began to use the euro in 1999.
Slovakia: A parliamentary republic that joined the European Union in 2004 and began to use the euro in 2009.
Slovenia: It is a parliamentary republic that joined the EU in 2004 and began to use the euro in 2007.
Spain: It is a constitutional monarchy that joined the European Union in 1986 and began to use the Euro in 1999.
The history of the euro
In the twentieth century AD in the second half of the second sought many countries of the European Union to apply economic cooperation between them to provide adequate protection for the European common market, but these countries could not provide adequate stability of currencies; because of the turmoil and volatility that affected the international financial market; The leaders of the European countries were interested in establishing a team that would prepare a report on the application of monetary and monetary union among the European countries, under the supervision of Luxembourg Prime Minister Pierre Werner.
The European team was able to put in place a process of monetary and monetary union among European countries within a period of up to ten years. This process also included the possibility of introducing a common currency among the European countries, which received initial approval in 1971, but the instability of exchange rates and the emergence of crises In the oil sector led to the difficulty of the success of this process until the year 1979, and then launched the European Monetary System, known as the abbreviation (EMS).
During the period between 1979 and 1991, the European monetary system applied to the prices of a range of currencies in order to maintain its stability and survival in a narrow area. The European monetary system was able to achieve the desired success. This resulted in the return of the debate on the application of monetary and monetary union And economic report among European countries, a report was issued by Jacques Delor, president of the European Commission called the report of Delor on the nature of the way that can be used to implement the European Financial and Economic Union.
Commentaires
Enregistrer un commentaire