Euro: Difference between revisions
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The '''euro''' is the official currency of the [[euro area]]. Its symbol is '''€''' and its [[ISO 4217]] code is '''EUR'''. The euro is divided into 100 cents and is issued through the monetary system of the [[European Central Bank]] and the national central banks of the euro area states. | The '''euro''' is the official currency of the [[euro area]]. Its symbol is '''€''' and its [[ISO 4217]] code is '''EUR'''. The euro is divided into 100 cents and is issued through the monetary system of the [[European Central Bank]] and the national central banks of the euro area states. | ||
The currency is used for cash payments, electronic payments, bank accounts, wages, public budgets, contracts, trade, tourism, taxation, and financial reporting across the euro area. It is the official currency of countries including [[France]], [[Italy]], [[Greece]], and other European states that adopted it through | The currency is used for cash payments, electronic payments, bank accounts, wages, public budgets, contracts, trade, tourism, taxation, and financial reporting across the euro area. It is the official currency of countries including [[France]], [[Italy]], [[Greece]], and other European states that adopted it through a shared European monetary framework. | ||
== History == | == History == | ||
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Euro banknotes and coins entered circulation on 1 January 2002. They replaced the former national cash currencies of the participating states after the cash changeover. The euro then became the everyday currency used by households, businesses, banks, public offices, and transport systems in the euro area. | Euro banknotes and coins entered circulation on 1 January 2002. They replaced the former national cash currencies of the participating states after the cash changeover. The euro then became the everyday currency used by households, businesses, banks, public offices, and transport systems in the euro area. | ||
The euro area expanded after its original introduction. [[Greece]] joined in 2001. Later accessions included [[Slovenia]], [[Cyprus]], [[Malta]], [[Slovakia]], [[Estonia]], [[Latvia]], [[Lithuania]], [[Croatia]], and [[Bulgaria]]. Bulgaria adopted the euro on 1 January 2026 and became the twenty-first European | The euro area expanded after its original introduction. [[Greece]] joined in 2001. Later accessions included [[Slovenia]], [[Cyprus]], [[Malta]], [[Slovakia]], [[Estonia]], [[Latvia]], [[Lithuania]], [[Croatia]], and [[Bulgaria]]. Bulgaria adopted the euro on 1 January 2026 and became the twenty-first participating European state using the currency. | ||
== Structure == | == Structure == | ||
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== See also == | == See also == | ||
* [[Euro area]] | * [[Euro area]] | ||
* [[European Central Bank]] | * [[European Central Bank]] | ||
* [[Europe]] | * [[Europe]] | ||
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[[Category:Currencies]] | [[Category:Currencies]] | ||
[[Category:Europe]] | [[Category:Europe]] | ||