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2002•Medjunarodni problemiOpen access

The European monetary Union and euro

Mina Zirojević, Sanja Jelisavac

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Abstract

The authors present and analyses the effects of introducing EURO on the European Union Market. On 1 January 2002, the euro banknotes and coins are introduced in 12 Member States of the European Union. But what is the background to the euro? Which countries are involved? How did the euro evolve? On the following pages, you will find the answers to these and many other questions along with all the information you will need about the biggest monetary changeover in history. So, whether you are in Europe or elsewhere in the world, why not take a journey with us to discover how the euro evolved?

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What this paper is about

The authors present and analyses the effects of introducing EURO on the European Union Market. On 1 January 2002, the euro banknotes and coins are introduced in 12 Member States of the European Union. But what is the background to the euro? Which countries are involved? How did the euro evolve? On the following pages, you will find the answers to these and many other questions along with all the information you will need about the biggest monetary changeover in history. So, whether you are in Europe or elsewhere in the world, why not take a journey with us to discover how the euro evolved?

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Available abstract

The authors present and analyses the effects of introducing EURO on the European Union Market. On 1 January 2002, the euro banknotes and coins are introduced in 12 Member States of the European Union. But what is the background to the euro? Which countries are involved? How did the euro evolve? On the following pages, you will find the answers to these and many other questions along with all the information you will need about the biggest monetary changeover in history. So, whether you are in Europe or elsewhere in the world, why not take a journey with us to discover how the euro evolved?

Key concepts: Changeover, European union, European monetary union, Single Euro Payments Area, International economics, Member states, Economics, International trade

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