Euro Currency Markets The Euro is the currency of thirteen European Union countries, stretching from the Mediterranean to the Arctic Circle (namely Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal, Slovenia and Finland). As from 1 January 2008, the euro will also be the currency of Cyprus and Malta. Euro banknotes and coins have been in circulation since 1 January 2002 and are now a part of daily life for 315 million Europeans living in the euro area. The Euro is currently the currency both of more than 300 million people and of the largest trading partner in the world economy, accounting for almost 20% of world export and more than 15% of world GDP. The coverage of the euro as a currency has the potential to widen even further � by 60% in terms of population and by 35% in terms of GDP � should all three non-participating EU Member States and all the candidate countries join the single currency in the years to come. (Directorate Communications) The global financial landscape has changed considerably since the launch of the si......

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