Europe marks 20th anniversary of euro currency

A light installation is projected on to the European Central Bank building in Frankfurt, Germany (Michael Probst/AP)

The European Central Bank is celebrating the 20th anniversary of the euro as member countries wrestle with the pandemic’s impact on the economy and the European Union forges a new level of financial co-operation to help boost the recovery.

The event was marked at midnight with a light display in blue and yellow, the colours of the EU, projected on its skyscraper headquarters in Frankfurt, Germany.