The Impact of the Euro

The Impact of the Euro

The Euro has helped to unify Europe both economically and politically.

The E.U. created the Euro in 1999.

Creation of the Euro

-Paper money and coins were launched in 2002

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-​19 countries use the Euro - "The Eurozone"

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The Euro Arrives

​Just like $ is the symbol for the dollar, this is the symbol for the Euro.

The Euro Symbol

​Euro paper money is the same in all countries of the Eurozone.

​​Euro Banknotes

​These are different in each country. The front side is the same, but the back shows a design representing the country who created it. This is the National side.

​​Euro Coins

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Multiple Choice

Which type of Euro is the same in every country of the Eurozone?

• Banknotes (paper money)

• Coins

-No more paying exchange fees.

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-Travel is easier and cheaper, so tourism has increased.

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-​Lower fees for conducting business, so trade has increased.

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-​Products are cheaper to purchase

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​Economic Benefits of the Euro

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Multiple Select

What is a disadvantage of the Euro?

(Choose all that apply)

• Rising debt in some countries.

• A bankruptcy could impact all other Euro states.

• Countries give up part of their control and autonomy.

• Countries must take loans.