The birth of the Euro is without any doubts a historical success for the European Union. Even if at the beginning it was not completely accepted, after some years the euro was more accepted that critised in most of european countries.
Almost 30 years after the creation of the European Economy Community in june 1988, the european council confirmed that il would take part of Europe with a unique currency: euro.
The euro was officialy launched on January 1st, 1999 fixing the exchange rates of the eleven nations that adopted it firstly. Finally on January 1st 2002 euro starts to circulate during the lapse that was taken to issue the currency.
Six months after that, in July of this same year official currencies are taken out of each country so that euro becomes the asset of the members of this new step.
After some time, euro began to have more success and many countries saw in euro the possibility of improving their economies, and that’s why since its appearance many nations have continued taking part of the euro market that is becoming stronger every minute.