The history of the euro begins back in 1957, with the Treaty of Rome, in which it declared a common European market, with the goal of increasing economic prosperity and contributing to a “closer union among the peoples of Europe“ (History). Later on, the European Union organized the proposition in the European Currency Unit in 1979, to linked their currencies in efforts to prevent large fluctuations among one another, and to counter inflation among members (European). Then, the foundation of the euro had begun with the Single European Act in 1986, to keep to various currencies within a narrow range of value by changing the national interest rates (History). Finally, in 1992, the Treaty on European Union, which unified the

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