jan 1, 1999 - Euro introduced in 11 countries

Description:

- would become the currency for 300 million people in Europe
- provisions set out in the Maastricht Treaty
- strict admission criteria for new countries
- the area of countries with the euro is known as the eurozone
- for the first 3 years the currency had no physical form
- management of the euro handled by the European Central Bank (ECB)
- had become the world's second reserve currency

Added to timeline:

Date: