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• n  the basic monetary unit of most members of the European Union (introduced in 1999); in 2002 twelve European nations (Germany, France, Belgium, Luxembourg, the Netherlands, Italy, Spain, Portugal, Ireland, Greece, Austria, Finland) adopted the euro as their basic unit of money and abandoned their traditional currencies

• As it turns 10, Europe's common currency is proving its worth .
• The biggest danger of a weak euro is that the current export-led growth spurt will persuade Euroland governments that they can keep postponing much-needed structural reforms.
• People in the German border town of Passau probably don't think of themselves as champions of the euro.

News & Articles

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• Euro and US Dollar Traders on Edge Ahead of Critical FOMC Decision
  Euro and US Dollar Traders on Edge Ahead of Critical FOMC Decision
  June 14, 2013 - DailyFX via Yahoo! Finance
• Euro and Pound Decline Contradicts Rise in European Equities
  Euro and Pound Decline Contradicts Rise in European Equities
  June 14, 2013 - DailyFX via Yahoo! Finance
• Euro officials back Greek bailout tranche, ERT closure a factor: sources
  ATHENS (Reuters) - A working group of euro zone ministers and officials supports Greece's next bailout payment, two Greek finance ministry officials said on Friday, a decision made easier by the closure of state broadcaster ERT. The 3.3 billion euro ($4.4 billion) payment was approved by euro zone finance ministers last month, contingent on benchmarks to be met in June on anti-corruption efforts ...
  June 14, 2013 - Reuters via Yahoo! News

Quotes

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• George Osborne in guardian.co.uk
  Osborne said: "Sterling has devalued rapidly against the euro and the dollar. We are in danger, if the government is not careful, of having a proper sterling collapse, a run on the pound. The danger of a run on the pound is that it pushes up...
• Jose Reina in Daily Illini
  It's probably the most complete team in the World Cup. A team that has changed since the 2008 (Euro) final, with young and fresh faces,backup Spain goalkeeper Pepe Reina said. "It's the most dangerous rival at the moment."
• Olli Rehn in Winnipeg Free Press
  We shall defend the euro whatever it takes,EU Commissioner Olli Rehn said after an 11 hour-meeting of EU finance ministers that capped a hectic week of chaotic sparring between panicked governments and aggressive markets.