Euro
n.
European
n.
unit of currency introduced in 1999 as the composite monetary unit of the members of the European Union (also called the European Currency Unit), €
Euro
The euro (
currency sign:
€;
banking code: EUR) is the official
currency of the
Eurozone (also known as the Euro Area or the Euro Land), which consists of 13
European states (
Austria,
Belgium,
Finland,
France,
Germany,
Greece,
Ireland,
Italy,
Luxembourg,
the Netherlands,
Portugal,
Slovenia, and
Spain) and will extend to include
Cyprus and
Malta from
1 January 2008. It is the single currency for more than 320 million Europeans. Including areas using currencies
pegged to the euro, the euro directly affects more than 480 million people worldwide. With more than €610
billion in circulation as of December 2006 (equivalent to US$802 billion at the exchange rates at the time), the euro is the currency with the highest combined value of cash in circulation in the world, having surpassed the
U.S. dollar.
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Euro (disambiguation)
euro
Noun
1. the basic monetary unit of most members of the European Union (introduced in 1999); in 2002 twelve European nations (Germany, France, Belgium, Luxembourg, the Netherlands, Italy, Spain, Portugal, Ireland, Greece, Austria, Finland) adopted the euro as their basic unit of money and abandoned their traditional currencies
(hypernym) monetary unit
euro
Euro, European
euro (m)
n.
Euro, unit of currency introduced in 1999 as the composite monetary unit of the members of the European Union (also called the European currency unit)