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Market Harborough Building Society
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What is EMU? - EMU stands for Economic and Monetary Union - a single currency for European Union countries.

When did it start? - Gradually the currencies of participating countries will be replaced. It started on the 1st January 1999 and led up to the issue of "Euro Cash" i.e. notes and coins in January 2002.

What is the EURO? - The EURO is the currency which the majority of member countries will use to replace their national currency.

Which countries have joined so far? - Austria, Belgium, Finland, France, Germany, Italy, Ireland, Luxemburg, the Netherlands, Portugal and Spain are members of the EMU.

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