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#EUROat20: The euro makes it easy to do business

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20 years ago, on 1 January 1999, 11 EU countries striving for one common single market fixed their exchange rates, adopted a shared monetary policy under the European Central Bank, and launched a new common currency on world financial markets: the euro. Three years later, euro notes and coins entered into circulation.

Today the euro is the currency of 19 EU countries, over 340 million EU citizens and the second most important currency in the world. Euro notes and coins are tangible, every day reminders of the freedom, convenience and opportunities that the European Union makes possible.The euro makes it easy to do business. The euro makes it easier, cheaper and safer for businesses to buy and sell across the euro area and to trade with the rest of the world. The euro is used for almost 40% of global cross-border payments and for almost half the EU’s exports.

More info: https://europa.eu/!PB46mc

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