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Front page | In-depth | Europe | Inside Europe
Milestones of the EU
The euro
Intro
1951
1960
1973
1981
1991
1995
1998
2004
January 1999: The euro is born
Euro trading
Markets begin trading in euros
Eleven countries meet the convergence criteria and so pass the test to allow them to adopt the euro as their official currency on 1 January. Greece joins them two years later but Sweden, Denmark and the UK stay out.

For now, the national currencies are still in use, but they will be phased out by 2002.

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