HISTORY OF THE EURO TELEGRAPH LINKS SKIP ARTICLE NAVIGATION HOME VIDEO WORLD SPORT BUSINESS MONEY COMMENT CULTURE TRAVEL WOMEN FASHION TECH FILM ADVERTISEMENT FINANCE MARKETS MILESTONES THE LAUNCH BLACK WEDNESDAY THE PRESENT THE ORIGINAL MEMBERS OF THE EUROPEAN ECONOMIC COMMUNITY WEST NETHERLANDS LUXEMBOURG MEET THE HAGUE LAUNCH INITIATIVE ECONOMIC AND MONETARY UNION DENMARK IRELAND JOIN GOVERNMENTS THE EXCHANGE RATE MECHANISM REDUCE VOLATILITY EUROPEAN THE UK STAYS BRITAIN JOINS LEADERS SIGN MAASTRICHT TREATY SETTING THE EUROPEAN UNION JOHN MAJOR SEPT 16 FORCED WITHDRAW STERLING KEEP ABOVE LOWER LIMIT CALL SINGLE CURRENCY CHANCELLOR GORDON BROWN SAYS THE GOVERNMENT PRINCIPLE MUST PASS FIVE ECONOMIC TESTS REFERENDUM ON ISSUE WILLIAM HAGUE THE CONSERVATIVE PARTY RULE THE EURO IN 11 THE 15 EU MEMBER STATES BEGINS TRADING HIGH SWEDEN GREECE WEAK EURO BELOW PARITY THE DOLLAR THE FIRST TIME HITS RECORD THE EUROPEAN CENTRAL BANK THE CENTRAL BANKS THE USA CURRENCY MARKETS VALUE THE TERRORIST THE US SEES FALL EURO NOTES COINS LEGAL TENDER EUROZONE COUNTRIES RISES PRESSURE MONTHS CONCERN CORPORATE ACCOUNTING SCANDALS ENRON RATES QUARTER PERCENTAGE POINT OF 1 PERCENT THE KEY PSYCHOLOGICAL FED CHAIRMAN BEN BERNANKE THE CENTRAL BANK READY CUT THE FACE MOUNTING RISKS ECONOMIC GROWTH LEHMAN BROTHERS FILES BAILS INVESTORS FLOCK STATUS DOLLAR OCT 28 SEPT CONTAGION THE GREEK DEBT CRISIS ROCK GLOBAL MARKETS MAY 17 NOVEMBER 30 DROPS MARK FEARS ECONOMICS BUSINESS INVESTING SIMPLE RELATED PARTNERS THE BEST TRANSFER JIM SLATER FORMULA STOCK MARKETS CURRENCY EXCHANGE RATES COMPANIES IN THE WORLD THE FORTUNE GLOBAL 500 THE ANNUAL RANKING LARGEST HERE CORPORATE THE BIG SHORT FILMS FILM ADAPTATION MICHAEL LEWIS BOOK SAME NAME CAUSES OF THE FINANCIAL CRISIS CINEMAS THIS WEEKEND STORY STACK UP GREATEST FLEDGLING FIRMS REACHED THE TENS SECRET MENU DRINKS YOU CAN DRINK COMBINATIONS COFFEE RETAILERS HOW MANY FLU HARRY HIGHLIGHT THE WEIRD NETFLIX CULT MOVIES ANIMAL NICHE TO DO ANNUAL INDEX RANGE FACTORS TAXES TECHNOLOGY RED TAPE TOP 20 PLANNING RARE PAIR GUCCI SPENDING WEALTHIEST PULLING OUT STOPS FIRST RATE RISE MARKET PREDICTION PREDICTIONS SAW HUGE SHIFT EXPLAIN WHAT IT MEANS MORTGAGES SAVINGS CITIES DISCOVER THE GLOBE LUXURY PROPERTY COMMENTS BUY TABLES SHOW AT A GLANCE INVESTMENT SHOP FOR YOU INVESTOR FINANCIAL TIPS SAVING SHOPPING HOW TO SAVE YOUR BILLS LOUIS SAHA BRITISH BANK SUING FIVE WAYS BREXIT IMPACT INVESTMENTS THE WEB SEND VIEW ALL CHANGE FINTECH REVOLUTION POWER TO THE PEOPLE CAUGHT FOREIGN FINANCIAL CRISIS DIARY TRANSPORT MEDIA TELECOMS ENERGY RETAIL PERSONAL YOUR BUSINESS STUDENT FINANCE JOBS JOB SEARCH CHINA DEALS FIND CONTACT US PRIVACY COOKIES ADVERTISING FANTASY FOOTBALL TICKETS READER PRINTS FOLLOW US EPAPER EXPAT SUBSCRIBER SYNDICATION COPYRIGHT TELEGRAPH MEDIA GROUP LIMITED TERMS AND CONDITIONS ARCHIVE STYLE WEATHER FORECAST