10 years of the Euro
In 2009, the euro celebrates its 10th anniversary. The euro was introduced for non-cash transactions on 1st January 1999 in 11 countries of the European Union: Belgium, Germany, Ireland, Spain, France, Italy, Luxembourg, The Netherlands, Austria, Portugal, and Finland. On this date, the euro zone had a common monetary policy, defined and put in place by Eurosystème, which includes the European Central Bank (BCE) and the national central banks of the euro zone. As for banknotes and coins in euros, they were put into circulation on 1st January 2002.
The euro zone has since grown with the addition of Greece (2001), Slovenia (2007), Cyprus and Malta (2008), and Slovakia (2009). It includes today 16 member states representing 329 million people.
The euro has been a huge success, allowing the elimination of currency conversion charges, facilitating exchange, financial integration, and contributing to the stability of prices leading to balanced growth. The euro has also been a shield vis-à-vis the financial crisis.
| Actual price of the stamp : | 0,60 € |
|---|---|
| Layout: | Repères Communications, Luxembourg (L); |
| Printing: | High-resolution offset by "Imprimerie du Timbre", Malines (B); |
| Dimensions: |
35 x 35 mm, 10 stamps per sheet. |
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