This chronology shows relevant major events, decisions, recommendations or declarations which led to the creation of a single currency in Europe.
The first plans by stages to create an economic and monetary union
From the floating US-Dollar to the European Monetary System 1975 – 1980 The need to coordinate economic policies 1980 – 1988
1988 – 1991
The run-up to the Maastricht Treaty
1992 – 1993
Work within the first phase of EMU
1994 – 1998
Work within the second phase of EMU
1999 – 2000
The start of the euro area ("EUR11")
2001 – 2002
The realisation of the third phase and enlargement of the euro area ("EUR12")
Source: European Union
