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  <title>The euro - the EU single currency</title>
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       &lt;p&gt;&lt;strong&gt;Latest business news about the euro - the Common Currency of the European Union.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;img src="../euro-symbol-coins-ec.jpg" class="image-right" alt="euro coins" height="128" width="128" hspace="10" vspace="5" /&gt;The euro is the single currency shared by (currently) 17 of the European Union's Member States, which together make up the euro area. &lt;/p&gt;&lt;p&gt;The introduction of the euro in 1999 was a major step in European integration. It has also been one of its major successes: around 329 million EU citizens now use it as their currency and enjoy its benefits, which will spread even more widely as other EU countries adopt the euro.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;FACT SHEETS&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;General Information&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;a href="../EMU"&gt;The Euro and Economic and Monetary Union&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="../financial-markets"&gt;The Euro and International Financial Markets&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;Business&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;a href="../business"&gt;The Euro - Business Benefits&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="../SMEs"&gt;Financing Programmes for SMEs&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;Useful Links&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="http://ec.europa.eu/economy_finance/eu_economic_situation/eu_economic_situation8652_en.htm"&gt;Economies of the EU Member States&lt;/a&gt;&lt;/p&gt;&lt;br /&gt;&lt;br /&gt;&lt;p&gt;&lt;a href="../contacts"&gt;&lt;strong&gt;EU Economic and Financial Affairs Contacts&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr /&gt;&lt;h2&gt;LATEST NEWS&lt;/h2&gt;
       
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    <item rdf:about="http://www.eubusiness.com/news-eu/fbl-pol-euro-2012.f45">        <title>Football: Fans protest at Warsaw Euro 2012 stadium</title>        <link>http://www.eubusiness.com/news-eu/fbl-pol-euro-2012.f45</link>        <description>Three thousand supporters of Legia Warsaw staged an angry protest on
Saturday after a match scheduled to be the first at the city's Euro 2012
stadium was cancelled on security grounds.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>protest</dc:subject>                    <dc:subject>POL</dc:subject>                    <dc:subject>2012</dc:subject>                    <dc:subject>Euro</dc:subject>                    <dc:subject>Fbl</dc:subject>                <dc:date>2012-02-11T22:32:28Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/greece-imf-ecb.f3m">        <title>Greek police demand arrest of EU-IMF mission over austerity</title>        <link>http://www.eubusiness.com/news-eu/greece-imf-ecb.f3m</link>        <description>Greek police unionists have called for the arrest of head auditors from
the EU, the IMF and the European Central Bank for destroying social
cohesion with a tough austerity plan ongoing for a third year.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>police</dc:subject>                    <dc:subject>ECB</dc:subject>                    <dc:subject>IMF</dc:subject>                    <dc:subject>offbeat</dc:subject>                    <dc:subject>Greece</dc:subject>                <dc:date>2012-02-10T17:04:36Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-economy.f2w">        <title>EU agrees new rules to police derivatives market</title>        <link>http://www.eubusiness.com/news-eu/finance-economy.f2w</link>        <description>EU government and parliament negotiators have struck a deal to impose new rules on the multi-trillion-euro derivatives market, an obscure instrument maligned for helping cause the global financial crisis.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>Finance</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>Britain</dc:subject>                    <dc:subject>Headline1</dc:subject>                    <dc:subject>markets</dc:subject>                    <dc:subject>economy</dc:subject>                <dc:date>2012-02-09T21:27:07Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.f2v">        <title>EU authority satisfied with bank recapitalisation plans</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.f2v</link>        <description>The EU banking regulator said Thursday that recapitalisation plans drawn up by European banks were sufficient to achieve new capital requirements without hurting lending to the real economy.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>EBA</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                    <dc:subject>structure</dc:subject>                    <dc:subject>Finance</dc:subject>                <dc:date>2012-02-09T20:06:35Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.f2l">        <title>ECB says does not rule out giving up profits on Greek bonds</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.f2l</link>        <description>European Central Bank chief Mario Draghi said Thursday the ECB did not
rule out giving up the profits on its massive holdings of Greek bonds as
part of a wider debt bailout for the country.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>Finance</dc:subject>                    <dc:subject>public</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>ECB</dc:subject>                    <dc:subject>Greece</dc:subject>                    <dc:subject>bonds</dc:subject>                    <dc:subject>Draghi</dc:subject>                <dc:date>2012-02-09T15:37:11Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.f2i">        <title>Greece says agreement reached on austerity measures: ECB</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.f2i</link>        <description>A deal has been reached among Greek political leaders on additional austerity measures demanded by EU-IMF creditors in return for a loan bailout, European Central Bank chief Mario Draghi said Thursday.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>ECB</dc:subject>                    <dc:subject>Greece</dc:subject>                    <dc:subject>talks</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                    <dc:subject>Finance</dc:subject>                <dc:date>2012-02-09T15:23:52Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-regulate.f13">        <title>UN trade chief defends transactions tax</title>        <link>http://www.eubusiness.com/news-eu/finance-regulate.f13</link>        <description>UN trade and development chief Supachai Panitchpakdi on Tuesday defended
the introduction of a European financial transaction tax.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>banking</dc:subject>                    <dc:subject>regulate</dc:subject>                    <dc:subject>tax</dc:subject>                    <dc:subject>finance</dc:subject>                <dc:date>2012-02-07T18:02:38Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.f0h">        <title>General strike hits Greece, EU raises pressure on debt</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.f0h</link>        <description>A general strike gripped Greece on Tuesday in protest against new austerity measures demanded with increasing urgency by the European Union as part of a debt rescue deal with banks.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>Finance</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>Greece</dc:subject>                    <dc:subject>Headline1</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                    <dc:subject>strike</dc:subject>                <dc:date>2012-02-07T14:03:05Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.f06">        <title>Dutch central bank against financial transaction tax</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.f06</link>        <description>The Dutch central bank said Monday it opposed plans for a financial
transaction tax in the EU as it will cost banks, pension funds and
insurers in the Netherlands billions of euros and discourage growth.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>Netherlands</dc:subject>                    <dc:subject>Finance</dc:subject>                    <dc:subject>tax</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                <dc:date>2012-02-06T18:16:35Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/ecb-eurozone-bank.f01">        <title>ECB bond purchases remain negligible</title>        <link>http://www.eubusiness.com/news-eu/ecb-eurozone-bank.f01</link>        <description>Data published by the European Central Bank on Monday revealed that the
bank's purchases of the bonds of eurozone nations remained negligible
last week amid signs of stabilisation on sovereign bond markets.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>eurozone</dc:subject>                    <dc:subject>ECB</dc:subject>                    <dc:subject>bonds</dc:subject>                    <dc:subject>bank</dc:subject>                    <dc:subject>economy</dc:subject>                <dc:date>2012-02-06T15:42:44Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.ezv">        <title>EU ramps up pressure on Greece as timetable slips</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.ezv</link>        <description>Embattled Greek Prime Minister Lucas Papademos faced growing EU pressure Monday to quickly agree tough austerity measures in a new bailout but talks with his coalition partners on the deal were delayed.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>Finance</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>IIF</dc:subject>                    <dc:subject>Greece</dc:subject>                    <dc:subject>Headline1</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                <dc:date>2012-02-06T19:51:21Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.ezt">        <title>EU regulator 'impressed' with banks on recapitalisation</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.ezt</link>        <description>The EU banking regulator said Monday that it was "impressed" with the willingness of European banks to meet new recapitalisation demands, ahead of a progress update due this week.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>EBA</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                    <dc:subject>structure</dc:subject>                    <dc:subject>Finance</dc:subject>                <dc:date>2012-02-06T15:47:27Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.ezd">        <title>Strain shows in Greek coalition ahead of fresh debt talks</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.ezd</link>        <description>Leaders of Greece's ruling coalition were steeling themselves for fresh
talks Monday after objections to another round of spending cuts stalled
progress on clinching a critical debt rescue package.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>Finance</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>IIF</dc:subject>                    <dc:subject>Greece</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                <dc:date>2012-02-06T10:20:08Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.ezb">        <title>Greece forces overtime in critical debt talks</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.ezb</link>        <description>Greece on Sunday insisted on extending critical talks on a debt rescue into Monday, as the government's coalition backers denounced pressure from public creditors to pass harsher austerity measures.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>Finance</dc:subject>                    <dc:subject>Headline</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>IIF</dc:subject>                    <dc:subject>Greece</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                <dc:date>2012-02-05T21:57:10Z</dc:date>        <dc:type>News Item</dc:type>    </item>
    <item rdf:about="http://www.eubusiness.com/news-eu/finance-public-debt.ez8">        <title>Greek leaders in emergency meeting for debt deal</title>        <link>http://www.eubusiness.com/news-eu/finance-public-debt.ez8</link>        <description>Greek Prime Minister Lucas Papademos held an emergency meeting with political allies on Sunday after hours of "superhuman" negotiations with EU-IMF bailout auditors failed to produce a rescue deal.</description>        <dc:publisher>No publisher</dc:publisher>        <dc:creator>eub2</dc:creator>        <dc:rights>Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.</dc:rights>                    <dc:subject>Finance</dc:subject>                    <dc:subject>Headline</dc:subject>                    <dc:subject>banking</dc:subject>                    <dc:subject>IIF</dc:subject>                    <dc:subject>Greece</dc:subject>                    <dc:subject>debt</dc:subject>                    <dc:subject>public</dc:subject>                <dc:date>2012-02-05T19:53:47Z</dc:date>        <dc:type>News Item</dc:type>    </item>




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