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(15 Dec 1995) T/I: 11:02:35 European Union leaders christened the single European currency the "Euro" at their semi-annual summit in the Spanish capital Madrid on Friday (15/12). SHOWS: MADRID, SPAIN, 15/12 eu working session at municipal palace chirac seated vs delegates rear view table delegates walking in corridor presser and statement by french finance minister, jean arthuis (french) "this is a historic moment as the single currency constitutes a single market. the only point still to be decided was a name for a currency. we have unanimously decided on the 'euro'." ca kenneth clarke, uk chancellor of exchequor, sot about single currency; "i think it was important to agree on the name although the name is a secondary issue. what matters is getting the other issues right. euro is the name that has emerged. we had much discussion re the transition to the new arrangements and how we should start studying the relationship between those in the euro group and those outside." eu heads of state incl helmut kohl and jacques chirac walking upstairs inside royal palace ws of royal palace wide view of signing of the mercosur, a trade agreement with latin america and the eu cu john major listening kohl listening jacques santer, president eu commission, listening close-up signing mercosur treaty by NATO secretary general Solana argentine for min. alvaro ramos trigo signs family photo lunch with king juan carlos in dining room king leads toast vs toasts and applause german finance minister theo waigel walks to press briefing sot waigel (german) "choosing the name was not the most important thing. more important was the discipline and convergence. but i am happy my proposal on the "euro" name was accepted." Ends 3.21 Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: / ap_archive Facebook: / aparchives Instagram: / apnews You can license this story through AP Archive: http://www.aparchive.com/metadata/you...