The impact of the introduction of the euro on German economy

After the signing of Maastricht Treaty in 1992, euro as currency was introduced in several EU countries. At the present time the euro is the official currency of 19 countries of the European Union. In the article the effects of the creation of monetary union for Germany were analyzed, the process of introducing the euro in BRD was considered in detail, also statistics were investigated in order to determine the impact of the new currency on the economy and standard of living.