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Encyclopedia > Andorran euro coins

Andorran euro coins have not yet been designed.


Monaco, San Marino, and the Vatican City State are the only non-European Union member states to issue their own euro coins (which are minted by France and Italy). They obtained the right to do this because they had had monetary agreements with France and Italy on the use of legal tender. Andorra, however, did not have a formal monetary agreement with either France or Spain, possibly due to the fact that it did not even have a comprehensive constitution up until 1993. Andorra is currently in negotiations with the EU on a monetary agreement which would grant it the right to mint a limited number of euro coins. The negotiations are still ongoing as of November 2006 and are expected to last for at least two more years; the reason is that the European Union expects Andorra to comply with related European Union legislation and security measures before minting coins.[1] It is thus expected that Andorra will first mint their own euro coins in 2009.[2] The State of the City of the Vatican or the Vatican City (Latin: Status Civitatis Vaticanae, Italian Stato della Città del Vaticano) is the smallest independent state in the world (both in area and in population), a landlocked enclave surrounded by the city of Rome in Italy. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... 2006 is a common year starting on Sunday of the Gregorian calendar. ...


  Results from FactBites:
 
US Bazaar.com : Encyclopedia Pages : Euro (5771 words)
The euro was established by the provisions in the 1992 Maastricht Treaty on European Union that was used to establish an economic and monetary union.
The euro is the sole currency in Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Slovenia and Spain.
The euro is widely perceived to be one of two, or perhaps three, major global reserve currencies, making inroads on the widely used U.S. dollar (USD), which has historically been used by commercial and central banks world-wide as a stable reserve on which to ensure their liquidity and facilitate international transactions.
Reference.com/Encyclopedia/Euro (5096 words)
The euro is not used in all of the European Union as not all EU members have adopted the currency.
Andorra, Montenegro and Kosovo have adopted the euro unilaterally.
The Euro and Its Antecedents by Jerry Mushin, Victoria University of Wellington
  More results at FactBites »


 

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