What are the advantages of the euro?
When travelling in the euro area
You only have to change money once; one currency is all
you need now. For instance, when you visit a museum in Italy, you can pay
the entrance fee using euro coins left over from your stay in Greece; you
can buy a meal in France with euro banknotes you got from a cash dispenser
in Spain; etc. All this will save both time and money.
When shopping in the euro area
Prices are displayed in the same currency; they are
easier to compare and help you make the right choice.
When doing business with the euro area
There is no longer any risk of fluctuation between
currencies. Interest and inflation rates are much lower. You buy, sell and
borrow within a larger and more competitive market. Managing your business
is easier and less expensive.
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