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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 |