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countable noun. The euro is a unit of money that is used by the member countries of the European Union which have accepted European monetary union. It is represented by the symbol <>. A euro is divided into one hundred smaller units called cents. Millions of words have been written about the introduction of the euro.
The euro. The euro is the single currency shared by 19 of the European Union's Member States, which together make up the euro area. The introduction of the euro in 1999 was a major step in European integration.It has also been one of its major successes: more than 337.5 million EU citizens in 19 countries now use it as their currency and enjoy its benefits. The euro is not the currency of all EU Member States.he introduction of the euro in 1999 was a major step in European integration. It has also been one of its major successes: more than 337.5 million EU citizens in 19 countries now use it as their currency and enjoy its benefits. The euro is not the currency of all EU Member States.