Mostly useless
There is much pleasure to be gained from useless knowledge (Bertrand Russell)
On Jan 1st 1999 a new currency was officially born: the Euro. It was the result of the efforts of most members of the European Union aiming to create a single currency to foster growth in the area, be strong against market storms and cut down on banking costs. That day the exchange rate with respect to the 11 initial participating currencies was set in stone and the European Central Bank took control. For three years the Euro remained something untangible, but on Jan 1st 2002 actual coins and notes were circulated and the now obsolete national money retired. Read the rest of this entry »
