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On January 1,1999 11 European countries started using the Euro as a step of European Unification. Those countries were
1. Austria
2. Finland
3. France
4. Belgium
5. Germany
6. Ireland
7. Italy
8. Luxembourg
9. Netherlands
10. Portugal
11. Spain
Today the Euro is the 2nd most powerful currency in the world, after the British Pound. The Euro is now the official currency of over 30 countries, European countries and several Caribbean Islands.
What else can I help you with?
What are the eleven countries that began with the euro when it first introduced?
When the euro was first introduced in 1999, the eleven countries that adopted it as their official currency were Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, and Portugal. These countries were part of the Eurozone and transitioned from their national currencies to the euro, which began circulating in physical form in 2002.
Where does the name Euro come from?
The Euro was named after the continent Europe.
What common European currency?
The Euro is the common European currency. It is currently used in the 13 block Euro-zone as their common currency. It is currently going down against the dollar.
What was the euro predecessor?
The correct answer is ECU for European Currency Unit.
Why western country is called as western?
The point of reference is the Mediterranean Sea. Points to the east were referred to as the Near East and Far East. Conversely, points to the West were referred to as Western countries. In common speech, it indicates a Euro-American nation, as opposed to Asian, African, or South-American, and reflects an opinion of cultural and economic superiority.
When did they begin using the euro in Portugal?
in 2002
Why this countries are not using the euro?
Some countries do not use the Euro because they have their own currency and do not wish to change, or at least not for a while.
What is the name given to the group of countries using the euro?
The Eurozone
Who of the countries that are using the euro are in financial crisis?
Greece and Portugal.
Are countries better off using the euro?
No never euros suck
The currency using throughout much of Europe is called what?
You are referring to the Euro. It is used in many countries in Europe, but most countries in Europe use their own currencies, not the Euro.
The euro is the currency for all of the countries of the EU?
No. There are 28 countries in the organisation known as the European Union. Only 19 of those countries use the Euro. A county in the European Union has the choice of using the Euro or not. Some countries have chosen not to use it or their economies are not ready to use it.
France is a member of which group of countries?
Europe, Eurozone (European countries using the Euro as a common currency), NATO, UN.
What countries use the euro for currency?
Current EU members using the euro (€)Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, SpainNon-member states also using the euroSan Marino, Kosovo, MontenegroOther countries that recently joined or plan to join the EU are obligated to adopt the Euro within a specific time frame.
When did the nederlands convert to the euro?
The Netherlands (Nederland) converted as one of the first 12 countries to the Euro on January first, 2002. Before this, the local currency was the Gulden.
What form of money do you use in France?
France is part of the Eurozone (European countries all using the Euro as their common currency), thus the money is the Euro.
How many countries swapped their currency to euro first?
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).
