EAN: 9781461373759

THE EURO CONSEQUENCES FOR THE CONSUMER AND THE ...

EURO. The name of the single currency for the European Union has not been chosen casually by
the Heads of State and Government during the Madrid Council of December 1995. After tough
discus sions  it has been unanimously accepted. The intention was to recall to every single
citizen that this new money would be his money  that it would be the expression of the new
European environment carefully built since the fifties to avoid any return to war and barbarism
in Europe. Confidence and positive expectations for a better future put in the European
construction have thus been clearly linked to the confidence in the new European currency and
vice-versa. Euro notes and coins will be the first expression  clear  material and universal
(for any European citizen being young or old  rich or poor  but also for the rest of the world)
of a European identity alongside the national one. Obviously  it is of the outmost importance
that the change over to the euro  be as smooth and as citizen-friendly as possible.

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