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| | A Concise Encyclopedia of the European Union --E-- |
 | | In 1995, however, the European Council agreed to abandon the name in favour of the euro, in deference to German concern that the ECU would not be credible, given its track record of repeated devaluation occasioned by the weakness of several of its components, notably the lira, the peseta, the escudo and the drachma. |
 | | Generally assumed to be the anthem of the European Union, the theme (Schiller's 'Ode to Joy' set to the last movement of Beethoven's Ninth Symphony) is in fact the anthem for the members of the Council of Europe, currently 44 countries, many of which are outside the EU. |
 | | The European Council (not to be confused with the Council of Ministers) refers to the twice-yearly, or occasionally more frequent, summit meetings of EU heads of government (plus the directly elected presidents of France and Finland) and the president of the Commission. |
| www.euro-know.org /dictionary/e.html (11086 words) |
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