yes some countries are worse off since they adopted the euro because they're economy might be better than other countries but the currency stays the same because some of the weaker countries are bring them down. therefore some of the countries that have adopted the euro with good economies are now dropping the euro to make more money
1999 was the formal introduction. Som other countries have adopted the Euro after that.
The economy of countries that have adopted the Euro has worsened with double dip recession. High unemployment, increase in public debt, and financial fragility is seen.
the Euro
There are 19 countries in the eurozone that have adopted the euro as their official currency.
16 countries have adopted the Euro, 5 other countries use the Euro with formal agreements (these are places such as the Vatican). 6 other districts or countries use the euro without formal agreement; these include Andorra - which doesn't have an official currency, and Akrotiri and Dhakalia - a British sovereign base area in Cyprus. Countries outside of Europe have adopted the euro for international transactions (an example is Cuba).
16 countries have adopted the Euro, 5 other countries use the Euro with formal agreements (these are places such as the Vatican). 6 other districts or countries use the euro without formal agreement; these include Andorra - which doesn't have an official currency, and Akrotiri and Dhakalia - a British sovereign base area in Cyprus. Countries outside of Europe have adopted the euro for international transactions (an example is Cuba).
France adopted the Euro on January 1, 1999 along with 10 other countries.
16 countries have adopted the Euro, 5 other countries use the Euro with formal agreements (these are places such as the Vatican). 6 other districts or countries use the euro without formal agreement; these include Andorra - which doesn't have an official currency, and Akrotiri and Dhakalia - a British sovereign base area in Cyprus. Countries outside of Europe have adopted the euro for international transactions (an example is Cuba).
No, both countries retain their own national currencies.
The Euro is not the currency of Europe. There are about 50 countries in Europe, of which 28 are members of an organisation known as the European Union. As of the 1st of January 2014, 18 of those 28 countries use the Euro. So most European countries use their own currencies, not the Euro. The first 12 countries to use the Euro started to do so on the 1st of January 2002. The other 6 have joined since then and others will start to use it in the coming years.
All banks in the countries which have adopted the euro are doing this. Scroll down to related links and look at "Eurozone - Wikipedia".