e-twinning Meeting Europe

1. ΕΥΡΩ EURO
F
E-TWINNING
MEETING EUROPE

2. THE HISTORY OF EURO
 The euro is the second largest reserve currency as well as the second
most traded currency in the world after the United States dollar.[
 The name euro was officially adopted on 16 December 1995 in
Madrid . The euro was introduced to world financial markets as
an accounting currency on 1 January 1999, replacing the
former European Currency Unit (ECU) at a ratio of 1:1).
E- TWINNING MEETING EUROPE

3. Eurozone Currency
The euro is the sole currency of 19
EU member states:
Austria, Belgium, Cyprus, Estonia,
Finland, France, Germany, Greece,
Ireland, Italy, Latvia, Lithuania,
Luxembourg, Malta, the
Netherlands, Portugal, Slovakia,
Slovenia, and Spain.
These countries constitute the
"eurozone"

4. Euro Coins

5. Drachma was replaced by the euro in
2001 (at the rate of 340.75 drachma to
the euro). The euro did not begin
circulating until 2002 but the exchange
rate was fixed on 19 June 2000, with
legal introduction of the euro taking
place in January 2002.