EURO is in the use of European Union economy since 1/1/2002. Although England is against the EURO; the majority of the member nations of European Union is supporting heavily the use of the EURO. For the time being TRNC (Turkish Republic Of Northern Cyprus) doesn't have it's own printed currency and it's using the currency of Turkish Republic. The main aim of this study is to figure out the possible impacts of Euro on TRNC economy if TRNC becomes a full member of the European Union hence European Monetary Union.
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