Euro

1 History of euro
The euro was launched (or better said "introduced" as an accounting currency) on 1 January 1999 in accordance with the Maastricht Treaty.
1.1 Maastricht Treaty

Maastricht Treaty The name Maastricht Treaty relates to the name of one Dutch town. In 1991 the 12 members of the to-be European Union met in the Dutch town named Maastricht and discussed the creation of the European Union. The Maastricht Treaty created the European Union as we know it today and led to the creation of the euro. These states agreed to set up a single currency as part of a drive towards the European Economic and Monetary Union.

The Maastricht Treaty (officially called the Treaty on European Union) was signed on February 7, 1992 and entered into force on November 1, 1993. The Maastricht Treaty was created by the following countries: Belgium, Denmark, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and the United Kingdom.