... , Czech Republic, Hungary, Poland, Romania, and Slovakia. Three other countries-Estonia, Latvia, and Lithuania-are being considered for associate membership. Other potential European Union applicants include members of the European Free Trade Association. The European Union was expected to decide which counties it would open negotiations for full membership with by the end of 1997. The purpose of the European Union ... date was later changed to 1999. It is proposed that full circulation of the Euro is to be in effect by the year 2002. At that time the individual states notes will no long...

• Word Count: 766
• Approx Pages: 3
• Grade Level: Undergraduate

... , Czech Republic, Hungary, Poland, Romania, and Slovakia. Three other countries-Estonia, Latvia, and Lithuania-are being considered for associate membership. Other potential European Union applicants include members of the European Free Trade Association. The European Union was expected to decide which counties it would open negotiations for full membership with by the end of 1997. The purpose of the European Union ... for local businesses. The reduction of losses due to the elimination of currency exchanges within the euro zone will produce almost a whole percentage point of annual Euro...

• Word Count: 1203
• Approx Pages: 5
• Grade Level: Undergraduate