Happy New Year.
Today 5.4 million people of Slovakia became the 16th. country to adopt the EURO.
Also the European Union currency celebrated it’s 10th. birthday.
The Euro was introduced on financial markets on Jan.1, 1999 and notes and coins first came into circulation in 2002. The zone widened to 15 countries in January 2008.
Memebers are: Belgium, Cyprus, Germany, Ireland, Greece, Malta, Spain, France , Italy, Luxembourg, The Netherlands, Austria, Portugal, Slovenia, Finland and now Slovakia.
The EURO is now used by 330 million people with an annual gross domestic of more than 4 trillion Euro’s or some US$ 5.6 trillion !
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