On February 7th 1992, after suffering through centuries of bloody conflict, the nations of Western Europe finally united in the spirit of economic cooperation with the signing of the Maastricht Treaty of European Union. The treaty, signed by ministers of the European Community, called for greater economic integration, common foreign and security policies, and cooperation between police and other authorities on crime, terrorism, and immigration issues. The agreement also laid the groundwork for the establishment of a single European currency, to be known as the Euro.
By the time the Maastricht Treaty took effect in 1993, it had been ratified by 12 nations: Great Britain, France, Germany, the Irish Republic, Spain, Portugal, Italy, Greece, Denmark, Luxembourg, Belgium and The Netherlands.
Since then, Austria, Bulgaria, Finland, Sweden, Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia and Slovenia have also joined the union.
The Euro was introduced into circulation on January 1, 2002.
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Craig Hill 
Again, and until the cows come home, sometimes the cure is worse than the disease.
It certainly seems to have a few problems…