1 Stable Currency
Before the introduction of the euro, inflation in EU member countries was higher on average than it is today.
2 No Currency Exchange
The single currency prevents currency fluctuations and simplifies travel in the eurozone.
3 Price Transparency in the Eurozone
The single currency facilitates comparability of prices in European trade.
4 Cheaper Loans for Private Households
Since the ECB wants to keep inflation low, interest rates for loans also remain low.
5 International Role
Within only 10 years the euro has become the second most important currency in the world economy after the dollar.
6 Advantages for Small and Medium-Sized Enterprises
Without transaction costs, protection against currency fluctuation becomes superfluous.
7 Increasing Trade
Trade within the eurozone has increased by 10% since 1999.
8 Savings Opportunities for Euro Countries
Low and stable inflation means euro countries can obtain loans at favourable rates.
9 Integration of Markets
The single currency makes it possible to move investment capital to where it is used effectively within the eurozone.
10 Integration of European Citizens
A common currency is a strong symbol of a European identity.
