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History
History of the euro
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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, the Maastricht Treaty entered into force in 1993 with the goal of creating an economic and monetary union (EMU) by 1999 for all EU states except the UK and Denmark.
Pierre Werner's report began the first moves towards monetary union
Pierre Werner's report began the first moves towards monetary union
Wim Duisenberg was the first President of the European Central Bank
Wim Duisenberg was the first President of the European Central Bank
Euro pocket calculators were sold or offered in many countries.
Euro pocket calculators were sold or offered in many countries.
Euro banknotes and coins of various denominations.
Euro banknotes and coins of various denominations.
European Central Bank
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The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important central banks.
Seat in Frankfurt
Seat in Frankfurt
Seat of the European Central Bank
Seat of the European Central Bank
Frankfurt am Main, the European Central Bank from Alte Mainbrücke
Frankfurt am Main, the European Central Bank from Alte Mainbrücke
Wim Duisenberg, first President of the ECB
Wim Duisenberg, first President of the ECB