<P> The name `` euro '' was officially adopted in Madrid on 16 December 1995 . Belgian Esperantist Germain Pirlot , a former teacher of French and history is credited with naming the new currency by sending a letter to then President of the European Commission , Jacques Santer , suggesting the name `` euro '' on 4 August 1995 . </P>
<P> The name `` euro '' was officially adopted in Madrid on 16 December 1995 . Belgian Esperantist Germain Pirlot , a former teacher of French and history is credited with naming the new currency by sending a letter to then President of the European Commission , Jacques Santer , suggesting the name `` euro '' on 4 August 1995 . </P>
when was the euro introduced as legal currency on the world market
when was the euro introduced as legal currency on the world market
16 December 1995
16 December 1995