... price. To improve their trade and economy they have decided to introduce a new currency. This new currency is called the EURO. In may 1998 the decision was made in Brüssel that eleven members of the European Union are going to adopt the Euro. With this decision it also would become the largest one currency area in the world. More than 290 million people are going to have one currency (compared to America with 250 million people who have one currency). These members were Belgium, Germany, Austria, Portugal, Luxembourg, Netherlands, Spain, Italy, France, Finland and Ireland. The Euro was introduced on the 1st of January 1999. To begin of 2001 one more member of the European Union signed the contract to adopt the Euro. It was Greece. Only three members of the European Union did not sign the contract. These members were the UK, Sweden and Denmark. From their decision ...

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