On 1 January 2019 it has been 20 years since the euro has been introduced as a common currency for the EU. 19 member states have adopted it since then, but its legacy is twofolded: the euro is now the second most used currency in the world, while it has been at the centre of a major crisis which threatened the European project, and EU and national authorities still have found no definitive solution to prevent future crisis.

Categories
Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!