As the only democratically elected Institution, the European Parliament has to assume political control of the decisions taken by the independent Central Bank and the European Council. This brochure presents the concept of Monetary Union from the perspective of the European Parliament. It offers general information on the new currency as well as an overview of Parliament's role within the Economic and Monetary Union. The transition to the Single Currency requires the support of the European citizen. It is he or she who is going to use it.
Any currency can only be as strong as the confidence it enjoys.
The Euro merits our trust. Trust is based on understanding. With this brochure the European Parliament wishes to contribute to popular understanding and acceptance of the new currency.