THE EURO – TWENTY YEARS LATER Cover Image

EVRO – DVADESET GODINA KASNIJE
THE EURO – TWENTY YEARS LATER

Author(s): Dragana Đurić-Jočić
Subject(s): Economy, Financial Markets
Published by: АЛФА БК УНИВЕРЗИТЕТ
Keywords: Maastricht Agreement; Euro; convergence criteria; monetary union; exchange rates.

Summary/Abstract: On January 1, 2022, the single currency of the European Union - the euro - marked twenty years of its existence. Since the Roman Empire, there has been neither single currency in the world, nor the decision to switch to a single currency within the European Union. There has also not been the case of giving the new currency - the euro - the function of legal means of payment in countries that have acquired the conditions for monetary union. This initiative was a gambling project, which some experts call an experiment that was approached in the absence of theoretical foundations for the creation of a single currency area and with great scepticism of experts in the world.

  • Issue Year: 14/2022
  • Issue No: XIV
  • Page Range: 161-174
  • Page Count: 14
  • Language: Serbian
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