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Marie Lecoq
Created on December 13, 2023
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Click on the dots along the timeline to learn more about some of the key events that have marked the euro.
Source: Europa
Timeline- 25 years of Euro
Marie Lecoq
Created on December 13, 2023
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Transcript
The history of the euro
16 December 1995
The name "euro" is officially adopted in Madrid.
Click on the dots along the timeline to learn more about some of the key events that have marked the euro.
1 June 1998
The European Central Bank is established.
1 January 1999
The euro is launched as an invisible currency for accounting and electronic payments, replacing the former European Currency Unit (ECU).
1 January 2002
Euro coins and banknotes are launched in 12 EU countries. It’s the biggest cash changeover in history.
1 January 2007
Slovenia joins the Eurozone.
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1 January 2008
Cyprus and Malta join the Eurozone.
11 Oct. 2008
An extraordinary summit is held in Paris in reaction to the financial crisis.
Financial crisis 2008-2010
Slovakia joins the Eurozone.
1 Jan. 2009
May 2010
The Eurozone countries and the IMF agree to a €110 billion loan for Greece.
1 January 2011
Estonia joins the Eurozone.
2012
Creation of the European Monetary Fund.
1 January 2014
Latvia joins the Eurozone.
1 January 2015
Lithuania joins the Eurozone.
1 January 2023
Croatia is the latest country to join the Eurozone.
1 January 2025
Bulgaria is expected to join the Eurozone.
1 January 2026
Romania is expected to join the Eurozone.
Source: Europa