Translations:AY Honors/Currency - Advanced/Answer Key 4/7/en

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European Union

In preparation for the arrival of the Euro on the continent on 1 January 2002, all Member States, bear an obligation to co-operate fully in the fight against currency counterfeiting. To reflect this, the EC has passed two Regulations – 1338/2001 and 1339/2001 (both passed on 28 June 2001) – each of which is intended to prevent counterfeiting of the new Euro notes and coins.