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Sagot :
Although the United Kingdom and Denmark
opted out, the euro was adopted in 1999 as the single currency by all EU
members. Euro was circulated in France in 2002.
The advantages of a single currency involves individual and business for facilitating the economic exchange not only for individuals/consumers but also for the businesses’ world.
Let me list some of the benefits to the European Union’s "citizens" and companies: the Euro single currency in the EU aims at (1) enlarging choice and to stabilize prices not only to nationals extended to the consumers; (2) ensuring a better opportunity and create more opportunities for markets;(3) promoting economic stability and increase;.(4) ensuring a more integrity in the EU and global markets in terms of finance and (5) establishing the EU as an entity in the world economy.
In my opinion, the Euro singly currency was basically established to become a competitor to the USA. USD (American dollars) had and has been the currency for the world financial fluctuation.
The advantages of a single currency involves individual and business for facilitating the economic exchange not only for individuals/consumers but also for the businesses’ world.
Let me list some of the benefits to the European Union’s "citizens" and companies: the Euro single currency in the EU aims at (1) enlarging choice and to stabilize prices not only to nationals extended to the consumers; (2) ensuring a better opportunity and create more opportunities for markets;(3) promoting economic stability and increase;.(4) ensuring a more integrity in the EU and global markets in terms of finance and (5) establishing the EU as an entity in the world economy.
In my opinion, the Euro singly currency was basically established to become a competitor to the USA. USD (American dollars) had and has been the currency for the world financial fluctuation.
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