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What is the EURO?

The Euro is the official currency of 19 European Union member nations. The EMU (European Economic and Monetary Union), is comprised of 27 member countries.

The Euro-currency was introduced by the EU in 1999, with physical paper notes and coins being rolled out in 2002.

Euro currency in online casinos

The Euro currency is popular at online casinos. Picture: Pixabay

Subsequently, the Euro is the national currency of 19 member states, including:

  • Austria
  • Belgium
  • Estonia
  • Finland
  • France
  • Germany

Why this currency was introduced

Post Word War 2 economic stability did not last forever. Most importantly, agricultural prices were constantly threatened by fluctuations and created the need for more control.

With the European Monetary System introduced in 1979, the European nations got a completely new grip on the common fiscal policies.

Subsequently, the EU could more efficiently ensure stability.

Depositing at online casinos

Firstly, any serious online casino will accept the Euro currency. Secondly, the benefit of sticking to European casinos, is that they adhere to strict supervision.

To clarify, this is provided by the Malta Gaming Authority, the UK Gambling Commission or Swedish Spelinspektionen, to name a few

Moreover, you will most likely be able to enjoy instant transactions, brought to you by Pay N Play casinos.

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