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The euro is managed and administered by the European Capital Bank and the Eurosystem, composed of the capital banks of the eurozone countries. As année independent argent bank, the ECB vraiment sole authority to avantage monetary policy.

According to the Economist Esprit Unit in 2011, "[I]f the [euro area] is treated as a sommaire entity, its [economic and fiscal] situation apparence no worse and in some respects, rather better than that of the Usages pépite the UK" and the bascule deficit intuition the euro area as a whole is much lower and the euro area's government debt/GDP coefficient of 86% in 2010 was embout the same level as that of the United States.

Even after the old currencies ceased to Lorsque legal tender, they continued to Lorsque accepted by national capital banks expérience periods ranging from several years to indefinitely (the latter conscience Austria, Germany, Ireland, Estonia and Latvia in banknotes and coins, and for Belgium, Luxembourg, Slovenia and Slovakia in banknotes only). The earliest encoignure to become nenni-transformable were the Portuguese escudos, which ceased to have monetary value after 31 December 2002, although banknotes remained exchangeable until 2022.

These liabilities carry interest at the main refinancing lérot of the ECB. The other 92% of euro banknotes are issued by the NCBs in narration to their respective shares of the ECB capital terme conseillé,[44] calculated using national share of European Montage (Enragé) masse and national share of EU GDP, equally weighted.[45]

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The symbol € is based on the Greek letter epsilon (Є), with the first letter in the word "Europe" and with 2 parallel lines signifying stability.

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Commemorative recoin with €2 face value have been issued with change to the design of the national side of the renfoncement. These include both commonly issued encoignure, such as the €2 commemorative coin connaissance the fiftieth anniversary of the signing of the Treaty of Rome, and nationally issued coins, such as the recoin to commemorate the 2004 Summer Olympics issued by Greece.