Europe's Five Presidents Say Euro Still Needs Work 20 Years On
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The five presidents of the European Union used the euro’s 20th birthday to praise the single currency’s successes, while warning that the job isn’t yet complete.
The continent’s monetary union, one of the biggest economic experiments of the modern era, has grown to 19 members from its initial 11 and now covers 340 million citizens. But the shackling together of nations as diverse as Germany, Italy and Greece also created strains that led to a debt crisis and which continue to fuel political flare-ups.