The road leading to a European single currency began more than fifty years ago with the formation of the OEEC (Organization for European Economic Cooperation) in 1948 and the road still continues today. The implementation of this new European currency is about to take affect and even though this issue seems to be a very mild debate amongst other things happening in the world today, it could have a very negative affect on the way we, as Americans, and the rest of the world do business. Not only will these dramatic changes alter our business it will also have a major affect on our economy: i.e. currency, interest rates, global trade, U.S. jobs, and investments. This viewpoint, however, is only of countries or regions outside of Europe. When looking from the inside you will find that this conversion is going to be a very positive thing for the European economy but despite this it could also eventually lead to political and maybe even military clashes with the United States.
             The unity of Europe has already begun and The European Union is about to be given a single currency. With the release of the Euro all other currencies that the European countries are currently operating under will be obsolete. The Europeans see this change as being a very good thing for improving its economy and also for convenience to its citizens. Europe is primarily made up of a numerous amount of very small countries, so many that a person can drive from country to country just like driving from city to city anywhere else in the world. With no form of common currency this a big hassle for the people of the Europe, having to either carry around many different currencies or having to deal with exchange rates all the time. With the conversion to the Euro people will be able to spend the same money wherever they go and not have to worry about if they're getting their money's worth. In order to gain a full understanding of the
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