Greek drachma 5 drachmae) were issued from 1885, with the first 5-drachma notes being made by cutting 10-drachma notes in half. When Greece finally achieved its independence from the Ottoman Empire in 1828, the phoenix was introduced as the monetary unit; its use was short-lived, however, and in 1832 the phoenix was replaced by the drachma, adorned with the image of King Otto of Greece, who reigned as modern Greece's first king from 1832 to 1862. The drachma was divided into 100 lepta. In 2002 the drachma ceased to be legal tender after the euro, the monetary unit of the European Union,
Romania and the euro the foreign minister of Romania declared on 28 August 2017 that, as they "meet all formal requirements", Romania "could join the currency union even tomorrow". However, he thought Romania "will adopt the euro in five years, in 2022". In March 2018, members of the ruling PSD voted at an extraordinary congress to back a 2024 target date to adopt the euro currency. The Maastricht Treaty originally required that all members of the European Union join the euro once certain economic criteria are met. , Romania meets 4 of the 7 criteria. Romanian euro coins have not yet been designed. Romanian