"Some countries that are close to Europe that already hold Deutschemarks, clearly would automatically hold euros, those are countries in Eastern Europe mainly, a few countries in Africa"

This quote by Robert C. Solomon is describing the intro of the euro as a currency in Europe. He is suggesting that some nations that are close to Europe and already hold Deutschemarks, such as those in Eastern Europe and a couple of countries in Africa, would automatically change to the euro as their currency. This is since the euro is replacing the Deutschemark as the main currency of the European Union. The intro of the euro is a major action in the procedure of European combination, as it will create a single currency for the whole European Union. This will make it easier for people to travel and do business across Europe, as they will no longer need to exchange their currency when crossing borders. The euro is likewise anticipated to bring economic benefits to the nations that adopt it, as it will make it easier for them to trade with other European nations.