Indications of a Strong Euro A single currency has always been a dream for many European countries, as it would symbolise stability and unity, both economic and political. The Euro was launched in 1999 amid much Euro-phoria. Many people believed that the Euro would replace the dollar as the main international currency: a medium of exchange, store of value, and unit of account. Not only that, but they also believed that it would also be used …showed first 75 words of 2102 total…

…showed last 75 words of 2102 total…Euro will then be a strong and stable alternative to the Dollar, and may even replace the dollar as the main international currency. --- Since the time of writing, the Euro has reached parity with the dollar, and at was stage was even worth $1.03. On September 1st 2002, it is worth $0.98. It currently is seen as a safer alternative to the dollar, due to unrest in the middle east and numerous accounting scandals in the US.