Understanding World Events and Trends - Plain Truth Staff - April 1985

Plain Truth Staff

Common European Currency - Europeans have taken another step in their long quest for unity. It appears in the form of a common economic unit that is growing in popularity and usage. Introduced in 1979, the European Currency Unit (ECU) has become one of the most sought after mediums of borrowing and lending on the international financial market. The acronym ECU is reminiscent of the name of an old, widely circulated French coin, the ECU, dating from the 14th century. - Information Supplied By: Herbert W Armstrong Library