Here are the currencies the euro it replaced when it was first introduced:

• Germany: The Mark. An undated photo of Deutsche Mark coins and notes.
• The Netherlands: The Guilder. A 250 Guilder banknote from 1985.
• Italy: The Lira.
• Spain: The Peseta.
• France: The Franc.
• Ireland: The Punt.
• Austria: The Schilling.
• Greece: The Drachma.

On January 1, 1999, the European Union introduced its new currency, the euro. The euro was created to promote growth, stability, and economic integration in Europe. Originally, the euro was an overarching currency used for exchange between countries within the union.

It was introduced as a noncash monetary unit in 1999, and currency notes and coins appeared in participating countries on January 1, 2002. After February 28, 2002, the euro became the sole currency of 12 EU member states, and their national currencies ceased to be legal tender.

Why doesn’t Great Britain use the euro as its national currency? It would have to relinquish control of its monetary policy to the EU.

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All EU Member States, except Denmark, are required to adopt the euro and join the euro area. To do this they must meet certain conditions known as ‘convergence criteria’.

Serbia and Montenegro could join the European Union in 2025. The European Council endorsed starting negotiations with North Macedonia and Albania on 26 March 2020, and they could join after 2025. Bulgaria blocked North Macedonia’s EU Accession Negotiations.

The Maastricht Treaty of 1992 required that EU member states join the euro. However, the treaty gave Denmark the right to opt out from participation, which they subsequently did following a referendum on 2 June 1992 in which Danes rejected the treaty. As the result, Denmark is not required to join the eurozone.

The Czech Republic meets two of five conditions for joining the euro as of June 2020; their inflation rate, not being a member of the European exchange rate mechanism and the incompatibility of its domestic legislation are the conditions not met.

Aside from property crime, Prague is a relatively safe city. The rate of violent crime is low and most areas of Prague are safe to walk around even after dark. Be careful on Wenceslas Square. It is usually packed with tourists and the crowds make things easy for pickpockets.

In Prague, a great number of native citizens speak English at least a bit. And at the tourist hotspots, restaurants in the centre, hotels, and gift shops, knowledge of the English language is taken for granted. On the other hand, do not expect much English from the Czech police officers or bus drivers.

A single person estimated monthly costs are 639$ (14,174Kč) without rent….Cost of Living in Czech Republic.

Prague is famous for well-preserved castles, Baroque and Gothic cathedrals, medieval squares, dreamy bridges, nightlife spots, and a lively arts scene. It’s known for its centuries of history and cultural heritage, where the medieval heart of Europe can be felt in its cobblestone streets.

The best times to visit Prague are the spring and early fall when the weather is mild and there are fewer crowds. Because of the city’s generally chilly climate, the warmer summer months (average high temperatures hover in the low to mid-70s) see the largest influx of tourists – which means higher hotel rates.

If you’re visiting this delightful city for the first time (or the hundredth time), here’s some Prague food you should definitely not miss.

1. Palačinky. When people think about what to eat in Prague, this is almost always on top of the list.
2. Trdelník.
3. Vepřo-knedlo-zelo.
4. Chlebíčky.
5. Guláš
6. Smažený Sýr.
7. Knedlíky.
8. Grilované Klobásy.

Becherovka

Firstly many grocery products are cheap as well as services which makes beer affordable even in restaurants. Most importantly there is long historical tradition in drinking beer. It is common to drink it with lunch, it is usual to visit the pub for a chat with friends and drink 1,2 or 10 beers there.

Bitters