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The euro

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The euro is the single currency of the European Union, introduced on 1 January 1999 as a virtual currency for cashless payments and for settlement purposes. Euro banknotes and coins were put into circulation on 1 January 2002.

Euro issued in the form of cash is currently used by 19 of the 27 member states, affecting around 340 million people every day.

The countries using the euro are:

  • Austria
  • Belgium
  • Cyprus
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Ireland
  • Italy
  • Latvia
  • Lithuania
  • Luxembourg
  • Malta
  • Netherlands
  • Portugal
  • Spain
  • Slovakia
  • Slovenia

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