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The euro is the official currency of the European Union and its territories. Currently, 19 of 28 member states use the euro; this group of states is known as the eurozone or euro area. It is the second largest and second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents.
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Administration
Issuing modalities for banknotes
Coins and banknotes
Payments clearing, electronic funds transfer
Currency sign
Introduction
Eurozone crisis
Direct usage
Use as reserve currency
Currencies pegged to the euro
Optimal currency area
Transaction costs and risks
Price parity
Macroeconomic stability
Trade
Effect on interest rates
Flexible exchange rates
Against other major currencies
Political considerations
Linguistic issues