Title: The european union created a new form of currency called the
Headings: The european union created a new form of currency called the
The european union created a new form of currency called the
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Answer from: cedricevans41p4j3kx
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Euro
Explanation: The Euro became in January 1, 1999 the official currency of the 11 Memeber states (that soon increased with time). The Euro became the international currency for the exchange and finantial operations among the members. People used both their currency and the progressive use of Euro enabled the barrier of exchanging money, and the associated risks in European trade. This means the first years saw macroeconomic stability, and the Central European Bank lowered inflation rates among EU members. Lower interest rates also incentivated the Eu. Interestingly to note: