"I'm talking about a franc that those under 20 cannot know", one
could parody, in homage to Charles Aznavour.
Today, 16 million young French people have only known euro banknotes and coins.
The others, especially those over 30 years old, remember the enthusiasm, skepticism, even anxiety that inhabited them at the end of December 2001. The franc, after seven centuries of existence, two of which were the only one the nation's legal monetary unit, then bowed out.
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Twenty years after the changeover to the euro, eight in ten French people believe that it has lowered their purchasing power
Suffice to say that a long page of history is turning.
Two hundred and seven years after the law of April 7, 1795, adopted by the Convention, the French are preparing to adopt the euro.
In reality, the single European currency has existed since January 1, 1999. It is legal tender, is already exchanged against the dollar, but
“it was the currency of financial markets, investors and companies in their international trade”,
recognizes at the time in
Le Figaro
Christian Noyer…
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