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This text summarizes the history of the Euro, Europe's most significant monetary reform since the Roman Empire. The Euro is the common currency used by countries in the Eurozone, which consists of EU countries that have adopted the Euro. The idea of a common currency in Europe dates back to the 1920s, but it was officially introduced on January 1st, 1999. Efforts to unify European countries economically and monetarily began in 1951 with the establishment of the European Coal and Steel Community.
