History and analysis of European monetary integration and related economic, financial, monetary, and international political issues: an accesible guide.This history and analysis of the euro and the European Central Bank traces the process of European monetary integration from its beginnings as a...

A unique opportunity came with the advent of euro banknotes and coins on 1 January 2002 to gain first-hand evidence on the foreign circulation of the euro. Evidence collected on this occasion suggests that the euro has smoothly and successfully replaced the legacy currency banknotes circulating...