Joining the EU

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On the 1st of January 1973, the Republic of Ireland joined the European Economic Community, now known as the European Union (EU). Membership of the EU helped Ireland to grow and develop. In the 1970s and 1980s, farmers were able to establish their own markets and set prices for their products. Roads and communication technology were also improved through funding received from the EU.

In 2002, Ireland adopted the euro as its currency.