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foreign [Music] ladies and gentlemen heres the Euro cups all the technical decisions about the Euro are over and now at the moment of the emotion the introduction of The single currency the euro in 11 countries of the European Union on the 1st of January 1999 is more than a milestone in the process of European integration which having started soon after the second World War has now been continuing for almost half a century this process is aimed at maintaining peace and stability and fostering prosperity in Europe [Music] on the eve of its 20th birthday the euro is at Crossroads the covid-19 crisis has magnified its birth defects for all to see the crisis also offers opportunities for lasting change now with the fiscal Union in place the economic engines of Europe France and Germany May finally unite what was always meant to be won politics and economics Euro may be the most tangible child of European integration but a love child it is not instead its a half-built house suffering from