1. The Euro
... until January 1, 2002. On that date individual countries' currencies will cease to be used and the Euro will be the legal tender for all monetary transactions (Keegan 2). Denominations for the new Euro currency will be issued in amounts of 1,2,5,10,50 for coins and 5,10,20,50,100,and 500 for bank notes (Peterson). For the countries that have decided to participate in the use of the Euro, its use ... becomes compulsory after the local currencies have been withdrawn. Up until this point there have been no obligations to use the Euro nor is there a ban on using it. Many people believe that...
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