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On January 1, 1999 a new single currency was implemented in 11 participating countries. These 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain. Two years after it was implemented Greece adopted the euro and became the 12th country to participate in a single currency system.

It wasn't until January 1, 2002 that the euro became the official currency of the participating Member States.

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13y ago

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