2. The name of the Euro has chosen by the European Council
2.1. Origin of the name:
3. A coin is a piece of currency which is created out of metal and which its value is directly proportional to the quality and amount of metal used in its minting and a banknotes is a piece of paper money.
4. Different coins and banknotes:
5. Security for the currency is very important. The notes have watermarks, holograms and security threads to stop the criminals from making counterfeit money.
6. Single Market: What is it? Explain its advantages.
7. Trade creation, where trade is stimulated as a result of free access to markets.
8. Origin of the name:
9. Year of introduction
10. January 1, 1999
11. It comes from the union of the Greek letter epsilon (Є)
12. Origin of the symbol:
13. Conditions to adopt the euro for EU countries:
14. All member states of the European Union, except Denmark which negotiated opt-outs from the provisions, are obliged to adopt the euro as their sole currency once they meet the criteria
15. European Central Bank: location and functions:
16. The central bank for the entire Eurozone. It defines monetary policy for all countries within the zone and manages Europe's single currency.
