Do you live in Europe? If you actually live where the Euro is used, I would say there's no problem keeping your money in Euro's. In fact, it's probably a good idea. When I move to Japan this summer, I'm planning to open an account in Yen, so that I can make financial transactions in the local currency (such as for paying rent, utilities, etc.) and avoid at least some of the conversion fees associated.
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"Praestantia per minutus" ... "Acta non verba"
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