Eliminate costs associated with conversion transactions
One currency for all countries has eliminated such a cost item as conversion services charges a certain percentage for the transaction (see How to choose a bank to open an account? ) If the for to existing mobile number list have settlements are between large companies and states, then the amount is more than significant The introduction of the euro removed such problems
More resilient financial markets
The history of the origin of the euro is the history of the formation of stability in the common economic space The euro had a significant impact on the formation of sustainable market relations
Thanks to the introduction of the euro currency, it was possible to align the price framework throughout Europe The fact is that earlier on the market it was possible to meet large-scale foreign exchange transactions based on the difference in rates between countries That is, the transaction was concluded only in order to make a profit due to the difference in rates
The euro also made a splash on the securities market Now companies could easily get shares abroad without fear of losing profits.