Pros/ Cons of Crisis with the Euro



Pros/ Cons of Crisis with the Euro

The euro officially implemented on 1 January 1999 as a virtual currency, in bank accounts and wire transfers. It start denominated in euros and after three years a ??concrete step was taken in working capital that euros used for trading instead of francs, marks, lire .

The euro has become a major international currency. Euro banknotes began to circulate around the world, and the bond market in euros soon began to compete with the dollar bond market. The creation of the euro has instilled a new sense of confidence, ...