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The Euro.
Member rating: No Rating | Words: | Submitted: Mon Feb 16 2004
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THE EURO What is the euro? It is the official name of the new currency which will be used by the participants in EMU. The euro is also known as the single currency or the single European currency. The introduction of the euro is just one aspect of EMU, although it will be the most visible sign. While legislation will probably refer to the plural of euro as euro, common parlance will probably refer to euros. What will the sub-unit of the euro be called? The sub-unit of the euro will be the cent. Each euro will have 100 cent. Although common usage may refer to cents or centimes as the plural of cent, the technically correct plural is cent, not cents nor centimes. If the £ sign represents sterling, what sign will be used for the euro? European Commission Regulations specify that the euro is officially represented...
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