Single European Currency

The Single European Currency, known as the euro (€), is the shared money used by many countries in the European Union. It allows people and businesses to travel, trade, and work across these countries more easily without changing money. The euro simplifies prices, reduces exchange rate risks, and fosters economic unity among member nations. Not all EU countries use the euro, but those that do follow strict economic rules to keep prices stable and economies healthy. Overall, the euro aims to promote deeper economic integration and cooperation within Europe.