The expansion began in 1995 at the time of the decision to carry out massive interventions in the foreign exchange markets in order to correct the pricing distortions between the dollar and other weak currencies on the one hand and the yen and other strong currencies on the other.
Overall, the euro has proved to be a successful and stable currency, bringing people in Europe closer together. Young Europeans today can't even remember the days of national currencies. The commemorative publication presented here today offers a deep dive into our money and its future, as viewed from various perspectives.