Greece the European Communities and the single market was signed, and the process was completed in 1982. Greece was accepted into the Economic and Monetary Union of the European Union on 19 June 2000, and in January 2001 adopted the Euro as its currency, replacing the Greek drachma at an exchange rate of 340.75 drachma to the Euro. Greece is also a member of the International Monetary Fund and the World Trade Organization, and is ranked 24th on the KOF Globalization Index for 2013. By late 2009, as a result of a combination of international and local factors, the Greek economy
Language and the euro the same as the unit of measurement of time or of angle. The term , plural ("evroleptó", plural "evroleptá") is sometimes used when a speaker wants to be completely specific that they are referring to money and not time. Some colloquial names for currency are also in use for the euro. One and two euro coins are respectively called ("frago") and ("difrago") from the French "franc". A 5 euro banknote is also colloquially called ("taliro") from the Germanic root "thaler" via the Italian "talero". A 10 euro banknote is called ("dekariko"), a 20 euro banknote is called ("eikosariko") or ("eikosari"),