The graphic symbol of the The name of the European single currency adopted by the European Council at the meeting held in Madrid on 15-16 December 1995. See ECU. More (€) is inspired by the Greek letter epsilon and reflects the first letter in the word Europe. The parallel lines represent the stability of the new The money used in a particular country at a particular time, like dollar, yen, euro, etc., consisting of banknotes and coins, that does not require endorsement as a medium of exchange. More.