<P> The euro came into existence on 1 January 1999 , although it had been a goal of the European Union ( EU ) and its predecessors since the 1960s . After tough negotiations , particularly due to opposition from the United Kingdom , the Maastricht Treaty entered into force in 1993 with the goal of creating an economic and monetary union by 1999 for all EU states except the UK and Denmark ( even though Denmark has a fixed exchange rate policy with the euro ) . </P>
<P> The euro came into existence on 1 January 1999 , although it had been a goal of the European Union ( EU ) and its predecessors since the 1960s . After tough negotiations , particularly due to opposition from the United Kingdom , the Maastricht Treaty entered into force in 1993 with the goal of creating an economic and monetary union by 1999 for all EU states except the UK and Denmark ( even though Denmark has a fixed exchange rate policy with the euro ) . </P>
the european common currency the euro was established by
the european common currency the euro was established by
the European Union ( EU )
the European Union ( EU )