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Focusing on the euro's introduction and adoption, this seminar paper discusses its establishment as the currency of the European Union. It highlights that, as of 2016, only 19 out of 28 EU member states have adopted the euro, which was first introduced as book money in 1999 and transitioned to physical cash in 2002. The founding members of this currency union include key European nations such as Germany, France, and Italy, underscoring the euro's significance in European economic integration.
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Should Germany leave the European Monetary Union?, Erik Somssich
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- 2017
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