Euro as Currency

• Creation of more stable financial markets.
• The difference in prices - particularly in the price level - should decrease.
• Companies also have more freedom to borrow money from banks abroad, without exposing themselves to risks due to the exchange rate of currencies.
• The euro is currently the second reserve currency.

CONCLUSION
The nature of the single currency prevents
individual states from exercising their own
monetary policy, and ties together
very different economic and political
policies together that
creates a unique dynamic in the world.
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