Europe is made up of several sovereign countries that used their own currencies before the creation of the European Union in 1993. The EU was built through several binding treaties and laws that harmonize European states when it comes to political and economic issues. That is until the 1999 Treaty of Maastricht which established a single currency known as the euro. The goal of the euro is to have a single currency in Europe, similar to that of the United States. Since European countries are closely related, the purpose of the currency is to facilitate trade between them, as well as to share exchange and tax rates. Currently, around 17 EU members use the Euro as their currency and it is known that once a country joins the Union, it must quickly adopt the Euro to enter the market for goods, services and trade between them. Member States. This adoption of a single currency has been the subject of discussion for a decade as well as in the literature and scientific articles. Throughout this article, we will examine two countries that refuse to adopt the Euro: Sweden and the United Kingdom. The document would answer questions that have surrounded the euro since its creation, such as questions of national identity of the two countries, how this affects political leadership, as well as the economic costs and benefits of adopting the euro . Ultimately, this would answer a research topic: will the euro generally rise or fall in Europe. Many researchers see the adoption of the euro as a way to save their economic growth. Others often see it as an easy way to facilitate exchanges and secure their bank's assets. However, there are other researchers whose ideas and perceptions differ from them. Some academics and environmentalists... middle of paper ......the economies of all other eurozone member states are functioning well. The euro has always been a political project. Politicians see the euro as a major step towards a United States of Europe. Europe is not trying to transform itself into another country like the United States. The euro means much more to Europe than money. It represents a political union with neighboring states, as well as a partnership for the future. Countries that adopted the euro gave up their sovereignty and heritage to become part of the EU, making them more united and stronger. However, it is also not certain that the euro will remain strong like the Japanese yen and the US dollar. Sweden and the United Kingdom are both members of the EU, but have decided to withdraw from the euro. Only time will tell if these countries made the right decision in alienating themselves from the Eurozone..