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| | photo results | What is 10$ worth in your country? | Our currency in Germany and many other countries in Europe | |
|  cornyman (82) |
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 | Money, all about earnings? | These are the coins and bank notes from the countries who joined the European Monetary Union yet | |
|  cornyman (82) |
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 | Currencies of different countries | This photo contains the pics of different countries' currencies. looks good | |
|  ajithkumarcc (79) |
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 | 500 euro bills | a picture with 500 euro bills | |
|  manlynux (232) |
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 | Euro's | Examples of the euro currency.. | |
|  NrgDfenZ (1658) |
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 | The euro | The euro is managed and administered by the Frankfurt-based European Central Bank (ECB) and the Eurosystem (composed of the central banks of the euro zone countries). As an independent central bank, the ECB has sole authority to set monetary policy. The Eurosystem participates in the printing, minting and distribution of notes and coins in all member states, and the operation of the Eurozone payment systems.
While all European Union (EU) member states are eligible to join if they comply with certain monetary requirements, not all EU members have chosen to adopt the currency. All nations that have joined the EU since the 1993 implementation of the Maastricht Treaty have pledged to adopt the euro in due course. Maastricht obliged current members to join the euro; however, the United Kingdom and Denmark negotiated exemptions from that requirement for themselves. Sweden turned down the euro in a 2003 referendum, and has circumvented the requirement to join the euro area by not meeting the membership criteria. In addition, three European microstates (Vatican City, Monaco, and San Marino), although not EU members, have adopted the euro due to currency unions with member states. Three other European states Andorra, Montenegro, and Kosovo have adopted the euro unilaterally, while not being EU members either (see Eurozone.) | |
|  tirtha9 (435) |
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