What if Georgia, Moldova and Ukraine Would Adopt the Euro as Their Currency?

This article aims to evaluate the states of Eastern Europe: Moldova, Georgia and Ukraine which may express a desire in 2011 to replace their national currencies with the Euro. In addition is presented the economic and political circumstances of these three states and their relationships with the European Union. The potential risks caused by the unilateral implementation of the euro in the three states are also evaluated. The expression of solutions in this respect is needed for the drafting of an Agreement between the European Union and those countries that employ appropriate measures to implement European legislation on banking supervision and institutions concerned.