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The common currency for the European Union (EU) is the Euro (EUR).

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Q: What is the common currency introduced among 11 European nations?
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Related questions

When was the common currency of the EU introduced?

The common currency of Europe was first introduced on Jan 1, 2002

What common European currency?

The Euro is the common European currency. It is currently used in the 13 block Euro-zone as their common currency. It is currently going down against the dollar.

Why a common European currency?


What common currency did the European Union introduce in 1999?

The Euro was introduced in 1999 and started to be used by 12 of the then 15 countries of the European Union in 2002. Now 17 of the 27 members use it.

In 1999 all of the European nations agreed to adopt the euro as a common currency except?

Britain ,Because they have the very stong in value POUNDNote 100%

The European Union created a single monetary unit to replace the national currencies of twelve member nations This new common currency is known as the?

The Euro.

Why is the European Union having trouble creating a common currency?

The EU (European Union) is not having trouble creating a common currency. It has already created it as of 2002.

What benefits does membership in the European Union confer on nations?

to unify them under a common currency and economic structure, as well as under some shared principles of law and human rights.

Why did Europeans want a common currency?

the answer isThe 1957 Treaty of Rome advised that a common European currency could have positive effects on the continent, and common currency became an official objective at the 1969 European summit at the Hague in the southern Netherlands. by Ryan boman

A major immediate goal of the European Common Market has been to?

The European Common market sought to encourage trade between several nations, especially member nations.

Which is the common currency of European?

In Europe most countries use the Euro, but others have their own currency such as the UK

What all has the European union done?

The European Union has tied the nations of Europe more closely together economically, and arguably culturally, as well. The development of a common currency has made where each individual nation has more economic interest in the others.